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Terraform co-founder Do Kwon pleads guilty over $40 billion crypto collapse from The Verge - All Posts RSS feed.
Terraform co-founder Do Kwon pleads guilty over $40 billion crypto collapse
Terraform Labs co-founder Do Kwon has pleaded guilty to conspiracy and wire fraud three years after his collapsed cryptocurrency firm wiped out $40 billion in funds, according to a report from Bloomberg. Kwon entered his plea in a New York court on Tuesday as part of a deal reached with prosecutors that reduced his charges. […]