Do Kwon, the man accused of causing the $40bn cryptocurrency crash in 2022, has pleaded guilty to two criminal counts of fraud in the US. Kwon is the former boss of Terraform Labs, which included the Luna cryptocurrency and ‘algorithmic’ stablecoin TerraUSD (UST). Stablecoins are pegged to the value of a fiat currency such as … Continue reading Do Kwon, accused of causing $40bn crypto crash, pleads guilty to fraud