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Do Kwon to potentially change plea in US fraud case on Wednesday
Added at 12:58pm
- DO KWON SET TO CHANGE PLEA IN CRIMINAL CASE THIS WEEK
Terraform Labs co-founder Do Kwon will appear for a plea change hearing on Wednesday.
Kwon previously pleaded not guilty to securities fraud, market manipulation, money laundering, and wire fraud.
A change in plea could accelerate the resolution of a case linked to the $40B Terra collapse.
Outcome remains pivotal for global crypto regulation and accountability.
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From uk.finance.yahoo.com | Aug 11, 2025
Do Kwon, the South Korean cryptocurrency entrepreneur facing U.S. fraud charges over two digital currencies that lost an estimated $40 billion in 2022, is expected to enter a guilty plea, court records showed on Monday. In a brief scheduling order, U.S. District Judge Paul Engelmayer said he had been advised that Kwon may change his plea and set a hearing ...
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