Okay, write the source Al Jazeera

Do Kwon, the South Korean entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty to two counts of conspiracy to commit fraud and wire fraud.
Kwon, 33 years old, who co-founded the Singapore-based company 'Terraform Labs' and developed the 'TerraUSD' and 'Luna' cryptocurrencies, pleaded guilty in a hearing in a New York court.