According to @rovercrc, Do Kwon will plead guilty to two counts of conspiracy to defraud and wire fraud tied to the $40 billion Terra ecosystem collapse. Source: @rovercrc on X (Aug 12, 2025): https://twitter.com/rovercrc/status/1955279050093523024 This is a material legal update around Terra that is directly connected to Terra-linked assets (LUNA, LUNC, USTC), highlighted as breaking by the source. Source: @rovercrc on X (Aug 12, 2025): https://twitter.com/rovercrc/status/1955279050093523024

According to @AggrNews, a U.S. judge stated in court that Do Kwon will plead guilty to two counts—conspiracy to defraud and wire fraud—connected to a more than $40 billion crypto collapse, a legal milestone that traders should incorporate into risk management and headline-monitoring for any related crypto exposures; source: @AggrNews citing Reuters.