Cryptocurrency Mogul Do Kwon Admits Guilt in $40B Collapse — Prison and $19M Forfeiture Included
The dramatic downfall of cryptocurrency mogul Do Kwon reached a turning point this week as the 33-year-old admitted in a New York courtroom to defrauding investors in one of the most catastrophic collapses in digital currency history. The guilty plea follows the implosion of TerraUSD and Luna, which wiped out $40 billion (£29.47 billion) in