(UST) News

Do Kwon Expected to Plead Guilty in $40B TerraUSD Fraud Case Ahead of August 12 Hearing Terraform Labs co-founder may admit guilt in August 12 court hearing for charges related to TerraUSD's $40B collapse, following extradition and prior SEC settlements.

MyConstant Founder Settles SEC Charges for $10M Over TerraUSD Misuse SEC mandates $10M penalty after founder diverted $11.9M in investor funds to TerraUSD, causing $8M losses when the stablecoin collapsed in 2022.

GENIUS Act Could Influence Legal Proceedings Against Do Kwon Over TerraUSD Collapse The newly passed GENIUS Act may redefine stablecoin regulation and impact Do Kwon's criminal charges for securities fraud linked to TerraUSD's 2022 collapse.