CRYPTO:LUNCUSD

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At Close: Jun 03, 2026
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, is planning to plead guilty on Tuesday to two charges of conspiracy to d
TL;DR Do Kwon, co-founder of Terraform Labs, is expected to appear in a New York federal court today where he may alter his initial “not guilty” plea. The move could signal a negotiated resolution
Kwon eyes guilty plea in Terra case in the United States? Recent court revelations hint at a surprising strategy adjustment.

Do Kwon May Change Plea in US Criminal Case

08:30am, Tuesday, 12'th Aug 2025
Terraform Labs co-founder Do Kwon may be preparing to change his plea in the high-profile US criminal case tied to the 2022 collapse of the Terra ecosystem.
Terraform Labs co-founder Do Kwon is expected to plead guilty in a U.S. criminal case over the $40 billion collapse of the TerraUSD stablecoin in 2022.
Terraform Labs co-founder Do Kwon is set to appear in a New York courtroom on August 12 for a hearing that could see him change his plea in a US criminal case.
Terra founder Do Kwon is set to change his not guilty plea in a US fraud case related to the $40 billion Luna collapse.
Terraform Labs founder Do Kwon is in talks to plead guilty in a U.S. criminal case tied to the $40 billion Terra collapse. Terraform Labs founder Do Kwon may plead guilty in a U.S.
Terraform Labs co-founder Do Kwon may plead guilty in a US fraud case over the $40b TerraUSD collapse, with a New York hearing set for Tuesday.
Terraform Labs founder Do Kwon is reportedly moving toward entering a guilty plea in a $40 billion criminal fraud case, according to a statement from a Manhattan federal judge on Monday.
Terraform Labs co-founder Do Kwon may enter a change of plea on Tuesday, August 12, 2025. According to a court filing dated August 11, United States District Judge Paul Engelmayer was informed of the
Terraform Labs co-founder Do Kwon will plead guilty on Aug. 12 at 10:30 am ET in federal court. As Inner City Press reported, Judge Paul Engelmayer filed a docket order on August 11.
Do Kwon, co-founder of blockchain company Terraform Labs, is anticipated to enter a guilty plea regarding US fraud charges tied to two cryptocurrencies that collectively lost approximately $40 billion
Terraform Labs founder Do Kwon could alter his plea in a U.S. fraud trial, as a judge schedules a critical hearing.
Terraform Labs founder Do Kwon may change his "not guilty" plea in federal court tomorrow, a judge said Monday.
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