Industry News
Do Kwon Fraud Charges: Cryptocurrency King’s Guilty Plea
Gregg Kell
August 13, 2025
In a significant development in the world of cryptocurrency fraud, Do Kwon, the co-founder of Terraform Labs, has pleaded guilty to charges related to a staggering $40 billion collapse of his company's stablecoin ecosystem.This collapse, which devastated countless investors, raised serious concerns about the integrity of digital asset markets and the risks of cryptocurrency investments.
