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.

According to Nic Carter on Twitter, there is an increasing trend where individuals report being catfished on dating apps like Hinge and subsequently file wire fraud complaints with the FTC, signaling heightened concerns around digital identity and payment security (source: Nic Carter Twitter, June 7, 2025). This trend has direct implications for cryptocurrency traders as it underscores the growing intersection of online scams and digital asset transfers, prompting exchanges and wallets to enhance KYC protocols and fraud detection tools. Market participants should monitor regulatory responses and security upgrades, which could influence compliance costs and user trust in crypto platforms.

According to The Kobeissi Letter, President Trump has granted a full and unconditional pardon to Trevor Milton, the former CEO of Nikola Motors. This follows Milton's October 2022 conviction for securities fraud and wire fraud. Traders should note potential impacts on Nikola Motor's stock performance and investor sentiment, as this development might influence market perceptions of company leadership and corporate governance.

According to The Kobeissi Letter, President Trump has granted a full and unconditional pardon to Trevor Milton, the former CEO of Nikola Motors, who was previously convicted of securities and wire fraud. This pardon could influence Nikola's stock as investors reassess the company's leadership history and potential future governance. The pardon may lead to short-term volatility as traders react to the news of Milton's legal exoneration, potentially affecting market sentiment around Nikola's stock.