🇺🇸⚖️ Do Kwon, co-founder of Terraform Labs, pleads guilty to two counts:

Conspiracy to commit fraud AND Wire fraud.

The collapse of TerraUSD and Luna resulted in losses estimated at $40 billion.

If convicted, Do Kwon could face up to 25 years in prison.

Spring : https://www.reuters.com/legal/government/do-kwon-pleads-guilty-us-fraud-charges-40-billion-crypto-collapse-2025-08-12/