Kwon erwartete, dass er sich schuldig bekennt
https://decrypt.co/334638/do-kwon-expected-plead-guilty-40-billion-terra-collapse
Kwon erwartete, dass er sich schuldig bekennt
https://decrypt.co/334638/do-kwon-expected-plead-guilty-40-billion-terra-collapse
6 Kommentare
Thats the least he can and should do…
And somehow he will still be free out sooner than we think.
What charges ?
tldr; Do Kwon, the founder of the collapsed Terra crypto project, is expected to plead guilty to charges related to the $40 billion collapse, according to court documents. A scheduling order for a potential change of plea was filed ahead of a conference on Tuesday, August 12. Kwon had previously pleaded not guilty to U.S. criminal charges, including fraud, in a New York court.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
How has this guy not gone to trial yet smh
Yeah I lost a lot of money becuase of that shit, but at the time, I didn’t know wtf a algorithmic stablecoin was and the risk involved. The worst hit was the Cosmos ecosystem becuase they cut off IBC to Terra and we had to just watch our assets lose value and nothing could be done about. At the time UST was the main Stablecoin of Cosmos.
The article doesn’t cover the charges, but this does: https://storage.courtlistener.com/recap/gov.uscourts.nysd.596117/gov.uscourts.nysd.596117.10.0_1.pdf
I did not know prior to this that he controlled Mirror protocol. For the longest time, I wondered what happened to all the popular synthetics on there since they all disappeared.
Apparently, that was his pump and dump mechanism.