South Korean cryptocurrency mogul Do Kwon pleaded guilty on Tuesday to two fraud charges arising from the $40 billion collapse of a cryptocurrency ecosystem that had promised investors their money ...

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Do Kwon, the mastermind behind the collapsed Terra project, has agreed to a plea deal for 12 years in prison with a $19 ...

Do Kwon, one of the co-founders of Singapore-based Terraform Labs that developed the “stablecoins” TerraUSD and Luna, has pleaded guilty to two charges regarding cryptocurrency fraud.

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Prosecutors plan to recommend a sentence of 12 years, and $19 million in penalties, as long as Kwon doesn’t commit any more ...