Crypto leader Do Kwon, recognized as ‘the cryptocurrency king,’ admits to fraud charges.
Do Kwon Pleads Guilty to Fraud Charges Following Crypto Collapse NEW YORK – South Korean cryptocurrency figure Do Kwon admitted guilt on Tuesday to two counts of fraud linked to the $40 billion downfall of a cryptocurrency ecosystem that assured investors their funds were secure. Kwon, aged 33 and often referred to as the “Cryptocurrency […]
Do Kwon admits guilt to fraud charges in $40 billion cryptocurrency downfall.
Do Kwon Pleads Guilty to Fraud Charges Do Kwon, the South Korean cryptocurrency executive known for his role in two digital currencies that collectively lost around $40 billion in 2022, pleaded guilty to conspiracy charges related to fraud and wire fraud on August 12, 2025, during a court session in New York. Kwon, age 33, […]
Do Kwon plans to admit guilt in the $40 billion cryptocurrency failure.
Do Kwon to Plead Guilty in Fraud Case Do Kwon, the South Korean crypto entrepreneur associated with two digital currencies that reportedly lost about $40 billion in 2022, is set to plead guilty to charges of conspiracy and wire fraud. This was announced during a court hearing in the U.S. U.S. District Judge Paul Engelmeyer […]
Do Kwon Anticipated to Admit Guilt in $40 Billion Terra Downfall
Do Kwon Facing Guilty Plea in Terra Crypto Collapse Do Kwon, the figure behind the failed crypto project Terra, is anticipated to plead guilty, according to recent court documents. A scheduling order for potential changes in the US lawsuit against Kwon was filed ahead of a scheduled meeting on August 12. Previously, Kwon had pleaded […]
Disgraced crypto exec Do Kwon pleads not guilty to US fraud charges
Do Kwon, the South Korean cryptocurrency entrepreneur who developed two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty to U.S. criminal fraud charges on Thursday. Extradited from Montenegro this week. Federal prosecutors in Manhattan charged Kwon, co-founder of Singapore-based Terraform Labs and creator of the TerraUSD and Luna currencies, with […]