South Korean entrepreneur Do Kwon, known as the “Crypto King,” has admitted to cheating investors in one of the biggest cryptocurrency scams in history. He created the digital coins TerraUSD and Luna, which suddenly crashed in 2022, wiping out nearly ₹3.5 lakh crore ($40 billion) from the market. As the co-founder of Terraform Labs, he faced charges of conspiracy to defraud and wire fraud. Originally looking at 25 years in prison, his guilty plea could reduce his sentence to about 12 years. This shocking case is a reminder of how risky and dangerous unregulated crypto investments can be.Hashtags:
#CryptoKing #DoKwon #CryptoScam #CryptoFraud #TerraUSD #LunaCrash #CryptoNews #ScamAlert #BreakingNews #CryptoExposed #FraudCase #BiggestCryptoScam #MoneyLost
DISCLAIMER
This @Divine_Grit YouTube channel does not promote or encourage any illegal activities. All the content provided by this channel is meant for educational purposes only.
Copyright Disclaimer under Section 107 of the Copyright Act 1976: Allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use. #CryptoMarketCrash #JusticeServed
Музыка
Фильмы
ТВ Шоу
Категории видео
