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BREAKING: Terra’s Do Kwon Flips Script—Will Plead ’Not Guilty’ in High-Stakes US Fraud Case

BREAKING: Terra’s Do Kwon Flips Script—Will Plead ’Not Guilty’ in High-Stakes US Fraud Case

Author:
CoindeskEN
Published:
2025-08-11 20:27:25
7
2

Terra's Do Kwon to Change 'Not Guilty' Plea in US Fraud Case

Do Kwon, the embattled founder of Terra, is gearing up for a courtroom showdown—and he's not going down without a fight.

The crypto mogul—whose empire collapsed in a $40B implosion—plans to change his plea to 'not guilty' in the US fraud case. A bold move, considering the SEC's track record of crushing crypto dreams like a stale NFT.

Legal experts call it a 'Hail Mary.' Traders call it entertainment. Either way, grab your popcorn—this trial could send shockwaves through DeFi.

Bonus jab: At least someone's still bullish on Terra—Kwon's lawyers must be getting paid in LUNA 2.0.

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