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Disgraced Crypto Mogul Do Kwon Changes Plea To Guilty

Seeking Alpha on MSN · 2h

Do Kwon said to plead guilty in U.S. over Terra collapse that rattled crypto market

Terraform Labs co-founder Do Kwon on Tuesday agreed to plead guilty to conspiracy and wire fraud charges in a U.S. case tied to the 2022 collapse of the TerraUSD stablecoin, according to several media reports.

The Wall Street Journal on MSN · 53m

Crypto Entrepreneur Do Kwon Pleads Guilty to Fraud Charges Stemming From Crypto Crash

Disgraced cryptocurrency tycoon Do Kwon pleaded guilty to two criminal counts of fraud on Tuesday in connection with the $40 billion crash of his TerraUSD and Luna coins in 2022.In exchange for Kwon’s plea,

The Financial Times · 1h

Crypto founder Do Kwon pleads guilty to US fraud charges

Do Kwon, the cryptocurrency tycoon behind the $40bn collapse of the TerraUSD crypto token, has pleaded guilty to two fraud counts in a plea deal with US authorities. The South Korean crypto entrepreneur appeared in a Manhattan courtroom on Tuesday and reversed the not-guilty plea that he had entered shortly after being extradited to the US from Montenegro in December.

6h

FTX Investors Sue Law Firm, Alleging Role in Exchange's Fraud

Plaintiffs allege that Fenwick & West designed shell companies and structures that enabled the theft of billions in FTX ...

Fenwick and West law firm sued over alleged role in FTX’s multibillion-dollar theft

The legal fallout from the spectacular collapse of cryptocurrency exchange FTX has now zeroed in on the Fenwick & West law ...

FTX Customers Claim Law Firm Fenwick & West Was ‘Key’ to Fraud in Updated Lawsuit

FTX customers claim law firm Fenwick & West was 'key' to $8B fraud in updated lawsuit alleging corporate structures enabled ...

1d

FTX Investors Target Fenwick & West as Sole Law Firm MDL Defendant

Investors in the collapsed cryptocurrency exchange FTX have narrowed their legal claims to target a single law firm: Fenwick ...

15h

FTX users bolster lawsuit claiming law firm was ‘key’ to FTX fraud

FTX customers pursuing a class lawsuit want to use new information from FTX’s bankruptcy case and Sam Bankman-Fried’s trial ...

Amazon S3 on MSN3d

The Trial That Exposed FTX’s $32 Billion Crypto Deception

The collapse of FTX, once valued at $32 billion, reveals a massive cryptocurrency fraud involving misappropriation of ...

The Currency Analytics2d

Binance Teams Up With BBVA to Safeguard Crypto Funds and Avoid ‘FTX 2.0’

Binance crypto custody moves to BBVA aim to protect user funds, offering secure third-party storage and preventing another ...

Top Crypto News This Week: Sharplink Gaming Earnings, $1.9 Billion FTX Distribution, Sonic Treasuries and More

This week's top crypto news includes FTX's $1.9 billion creditor payout, Sharplink Gaming's Ethereum pivot, and Curve's emissions drop.

Crowdfund Insider5d

Binance Co-Founder Changpeng Zhao Moves to Dismiss $1.76 Billion FTX Lawsuit

Changpeng Zhao, the founder of digital assets firm Binance, is seeking to have a $1.76 billion lawsuit filed by the FTX trust ...

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