{"content":"🚨 Do Kwon, the former founder of Luna (now LUNC), has pleaded guilty in U.S. federal court to large-scale financial fraud charges related to the $40 billion Terra crypto scandal. Key points: Arrest: Detained in March 2023 in Montenegro with forged travel documents. Extradition: Formally transferred to the U.S. in December 2024. Court development: On August 14, 2025, pleaded guilty to conspiracy and wire fraud charges. Financial penalty: Agreed to hand over more than $19 million in assets to U.S. authorities. Possible sentence: Up to 12 years in prison; sentencing scheduled for December 11, 2025. 💬 Experts say this case is one of the largest and most impactful events in cryptocurrency history and could serve as a milestone in tightening financial regulations worldwide. #LUNC #CryptoNews #DoKwon #TerraCollapse #BreakingNews","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/14/a78d63f11d4351d013e7a5a0d7859e8e.png"],"tags":[],"tradingPairs":["LUNA/USDT"],"quotearticleid":0}