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#WORDOFTHEDAY✅ As palavras do dia
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#CreatorPad $LUNA $LUNC Once was a candle of hope! Quick news summary: . Do Kwon is preparing to change his guilty plea in court on August 12, 2025. . He faces multiple serious charges such as securities fraud and money laundering. . The price of the LUNA Token has been adversely affected, not recovering despite the cryptocurrency market rising. Co-founder of Terraform Labs, Do Kwon, may plead guilty after years of being accused by U.S. prosecutors of fraud and money laundering. According to a scheduling order issued by Judge Paul Engelmayer of the Southern District of New York on Monday, “The court has been informed that the defendant may change his guilty plea.” The judge also stated, “...the defendant needs to prepare a detailed presentation, including all the elements of the offenses to which the defendant will plead guilty.” A hearing to discuss this issue is scheduled for Tuesday morning. Lawyers representing Kwon, who is also the CEO of Terraform, have not commented. Earlier in January, Kwon declared he would plead not guilty. In March 2023, Kwon was indicted on criminal charges including: conspiracy to commit fraud, commodities fraud, wire fraud, securities fraud, conspiracy to commit fraud, and participating in a conspiracy to manipulate the market alongside money laundering. These charges are directly related to his role in operating the algorithmic stablecoin TerraUSD (UST) – a project that severely collapsed in 2022, wiping billions of dollars from the market. The algorithmic stablecoin maintains a stable price through a market incentive mechanism controlled by algorithms. In the Terra ecosystem, UST is pegged to the governance token Luna to keep its price stable.
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#WORDOFTHEDAY✅ As palavras do dia .
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#WORDOFTHEDAY✅ as palavras do dia
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#wordoftheday As palavras do dia
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