Con la caída en 2022 de la moneda estable y de su criptomoneda hermana, Luna, se esfumaron 35.000 millones de euros en pocos días

Kwon pleaded guilty to conspiracy and wire fraud months after his extradition to the US.

The South Korean founder of Singapore-based Terraform Labs was behind the TerraUSD and Luna digital currencies.

Kwon, 33, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, entered the plea at a court hearing in New York.

Terraform Labs co-founder, pleading guilty to two charges, was accused of misleading investors in 2021 about TerraUSD

The South Korean former tech executive co-founded Singapore-based cryptocurrency firm Terraform Labs.

Cryptocurrency entrepreneur faces up to 25 years in prison over the $40bn collapse of the TerraUSD and Luna tokens.

Con la caída en 2022 de la moneda estable y de su criptomoneda hermana, Luna, se esfumaron 35.000 millones de euros en pocos días