COMMIT OVER

Last updated: June 18, 2025, 09:11  |  Written by: Marc Andreessen

Commit Over
Commit Over

US Prosecutors Scale TerraUSD Collapse Impact Ahead of Do

Do Kwon Imprisonment? Here’s Reality Behind Lawsuit On Terra

Do Kwon Pleads Not Guilty in U.S. Court Over Terra Collapse

The Trial

The trial, expected to last four to eight weeks, will address criminal fraud charges tied to the catastrophic $40 billion collapse of the TerraUSD (UST) stablecoin and its

Terraform Labs co-founder Do Kwon was extradited to the U.S. Kwon faces nine felony charges, including fraud, criminal conspiracy, and money laundering. The collapse

Do Kwon Pleads Not Guilty to U.S. Charges for $40 Billion

The Charges Kwon Faces In

How Deep Is Kwon In Legal Trouble? However, what’s at stake for Do Kwon is not as much as anticipated by those who lost in Terra investments. According to a CNBC

South Korean lawmakers want Do Kwon to do some explaining

The charges Kwon faces in the U.S. include wire fraud, securities fraud, and money laundering, stemming from accusations that he misled investors about the stability of the Terra blockchain

Do Kwon Was Trying Everything

Do Kwon's Terra Trial Set for 2025Here's What You Need to Know

Do Kwon was trying everything under the sun that would help in resurrecting his assets. As a result, he went on to propose a hard fork of the blockchain.

Terra LUNA Case, Do Kwon Charged With Loss Of Investors Of IDR

Do Kwon

However, in May 2025, the value of both UST and Luna plummeted, leading to over $34 billion (50 trillion won) in losses for investors worldwide. In an indictment presented

Do Kwon, co-founder of Terraform Labs, appeared in a U.S. court on Jan. 2, 2025, where he pleaded not guilty to charges stemming from the collapse of the Terra

Ex-Terraform Labs CEO faces first U.S. court, denies charges over

Jakarta Founder Of Terraform Labs

JAKARTA Founder of Terraform Labs, Do Kwon, faces serious charges that could affect more than one million victims worldwide. These allegations were filed by US prosecutors after Kwon

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