Do Kwon — the man behind TerraUSD and LUNA’s $40B implosion — has pled guilty to fraud. 💥
From a “stable” coin to one of the biggest wipeouts in crypto history, the collapse didn’t just hurt retail — it sent shockwaves through the entire market in 2022.
Now, the US says he orchestrated a multi-billion dollar securities fraud.
Investors call it justice. Critics call it too little, too late.
Either way — this is a reminder:
In crypto, the biggest smiles can hide the deepest pits. 🕳️💸
⚠️ Not financial advice. DYOR.
As always, do whatever you want with this information.
