The collapse of TerraUSD has reached its conclusion in court
Do Kwon admitted guilt in the American court, agreeing to charges of fraud and conspiracy.
The collapse of his project TerraUSD and the LUNA token in 2022 became one of the most destructive events in the history of cryptocurrencies, causing losses to investors amounting to tens of billions of dollars.
After almost a year of fleeing and arrest in Montenegro, Kwon is now awaiting a sentence that could become a record for the length of imprisonment for a representative of the crypto industry.
