Former crypto CEO Do Kwon has pleaded guilty to federal charges related to financial fraud that cost victims billions of dollars.

FILE - Montenegrin police officers escort South Korean citizen, Terraform Labs founder Do Kwon in Montenegro's capital Podgorica, Saturday, March 23, 2024. Photo: Risto Bozovic/AP, File Do Hyeong ...

Terraform's Do Kwon Pleads Guilty to Conspiracy, Wire Fraud in UST Blow-up The 33-year-old Korean national said he "knowingly" participated in a scheme that defrauded purchasers.