🚨CRYPTO KING DO KWON PLEADS #GUILTY TO $40B FRAUD ⚖️

🔹Do Kwon, 33, co-founder of Terraform Labs, admits to fraud in U.S. federal court.

🔹Collapse of #TerraUSD & $LUNA in May 2022 wiped $40B in market value.

🔹Plea deal: max 12 years prison (vs ~25 yrs guideline).

🔹Forfeits $19M & Terraform holdings.

🔹Extradited from Montenegro after arrest on fake passport.

🔹Prosecutors call it “one of the largest frauds in history.”