-
Crypto exec Do Kwon, charged with fraud, expected to plead guilty
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 for Tuesday at 10:30 a.m. EDT (1430 GMT) in Manhattan federal court. Kwon, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, had previously pleaded not guilty to a nine-count indictment charging him with securities fraud, ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From thestreet.com|Aug 11, 2025On-chain data from market analytics firms Lookonchain and Arkham Intelligence suggest that London-based crypto asset manager Abraxas Capital is suffering almost $20 million in ...
From econbrowser.com|Aug 11, 2025Are cryptocurrencies viable as money? What is the economic function of “shitcoins” and “stablecoins”? And how can we understand the political economy of cryptocurrency and its ...
From @byul_finance|Aug 11, 2025$crypto Do Kwon to potentially change plea in US fraud case on Wednesday 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…
-
- Newer Stories
From @realDonaldTrump|Aug 11, 2025|6 comments
I am pleased to announce that I am nominating Highly Respected Economist, Dr. E.J. Antoni, as the next Commissioner of the Bureau of Labor Statistics. Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE. I know E.J. Antoni will do an incredible job in this new role. Congratulations E.J.!
From schwab.com|Aug 11, 2025|1 commentGrowth in Europe may be slowing in the near term, but the longer-term outlook is still improving, driven by accommodative monetary policy and increased fiscal spending in Germany. ...
From cointelegraph.com|Aug 11, 2025Bitcoin miner MARA Holdings is making its biggest AI play to date, signing a $168 million deal to buy a 64% stake in Exaion, a subsidiary of French state-owned Électricité de ...
- Story Stats
- Aug 11, 2025 5:00pm Posted byFundamental Analysis423
- From bls.gov|Aug 12, 2025|82 comments