🇺🇸⚖️ 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.
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