TerraUSD: 'Cryptocrash king' Do Kwon pleads guilty to fraud
Source: BBC
A South Korean former tech executive accused of a helping to spark a cryptocurrency crisis that cost investors more than $40bn (£31.8bn) has pleaded guilty to two criminal counts of fraud.Do Kwon was the boss of Singapore-based Terraform Labs, which operated two cryptocurrencies - TerraUSD and Luna - both of which collapsed in 2022, triggering a wider sell-off in the crypto market.The US says he was responsible…
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