🚨💥 A collapse of cryptocurrencies worth $40 billion!

Do Kwon pleads guilty in the United States - shocking developments in the world of cryptocurrencies! 🌐💸

📌What happened:

Do Kwon, co-founder of Terra/Luna, pleaded guilty in a U.S. court.

This represents one of the largest collapses of cryptocurrencies in history, amplifying losses of $40 billion.

Investors around the world are in a state of shock, as this case sets a major precedent in the accountability of cryptocurrencies.

⚠️ Impact:

Regulatory scrutiny on cryptocurrencies is increasing globally.

Volatility is expected in the major currency markets linked to stablecoins and decentralized finance platforms.

💬 In summary: even the largest cryptocurrency projects can collapse - risk management is key!

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