Collapse of cryptocurrencies worth 40 billion dollars!
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, magnifying losses of 40 billion dollars.
Investors around the world are in a state of shock, as this case sets a major precedent in the field of cryptocurrency accountability.
⚠️ Impact:
Regulatory scrutiny of cryptocurrencies is increasing globally.
Volatility is expected in the major currency markets associated with stablecoins and decentralized finance platforms.
💬 In summary: Even the largest cryptocurrency projects can collapse - risk management is key!
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