🇺🇸⚖️ Do Kwon, co-founder orm Labs, has pleaded guilty to two charges:

Conspiracy to commit fraud

Wire fraud

The collapse of TerraUSD and Luna wiped out an estimated $40 billion in value.

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

🔗 Source: Reuters

📉 Another major chapter in the crypto world’s history.

Do you want me to also make it short and catchy for social media?