Do Kwon guilty plea rattles crypto—Terra fallout deepens
A watershed moment for crypto accountability In a pivotal legal development for digital assets, Terraform Labs co-founder Do Kwon pleaded guilty in U.S. federal court to fraud charges linked to the 2022 collapse of TerraUSD and Luna—an implosion that erased an estimated $40 billion in market value and reverberated across global crypto markets. The Do…