Do Kwon Pleads Guilty to Fraud, Accepts 12-Year Sentence & $19M Fine – Is Justice Served for Terra Investors?

Do Kwon has acknowledged guilt in a federal fraud case over the collapse of TerraUSD. The Terraform Labs co-founder entered the plea in New York, with prosecutors suggesting a 12-year sentence and over $19 million in penalties ahead of a December 11 sentencing date.

The post Do Kwon Pleads Guilty to Fraud, Accepts 12-Year Sentence & $19M Fine – Is Justice Served for Terra Investors? appeared first on Cryptonews.