BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Luna Founder Do Kwon To Face Trial in 2026 for TerraUSD Collapse

by Sham
January 8, 2025
in CRYPTO
Reading Time: 2 mins read
A A
4
SHARES
67
VIEWS
Share on XShare in TelegramShare on Reddit
  • Terraform Labs Pte. cofounder Do Kwon will go on trial in early 2026 in the US on criminal fraud charges related to the $40 billion collapse of the TerraUSD stablecoin in 2022.
  • US District Judge Paul Engelmayer in New York scheduled the trial for January 26, 2026, and it is expected to last four to eight weeks.
  • The charges against Do Kwon stem from the implosion of TerraUSD and its related token Luna in May 2022, which roiled crypto markets.

The upcoming 2026 trial involving Do Kwon, co-founder of Terraform Labs Pte, is set to send ripples through the global cryptocurrency sector. Kwon faces serious criminal fraud charges in the United States, linked to the monumental $40 billion collapse of the TerraUSD stable coin in 2022.

JUST IN: $LUNA founder Do Kwon will go to trial in 2026 for fraud charges tied to the TerraUSD stablecoin collapse pic.twitter.com/fgTTOED13w

— BlockNews (@blocknewsdotcom) January 8, 2025

The Accusation

Do Kwon is set to stand trial in the early part of 2026 on fraud charges tied to the collapse of the TerraUSD stable coin. The cryptocurrency’s downfall, which amounted to a staggering $40 billion, has put the spotlight on Kwon and his association with Terraform Labs Pte.

Trial Schedule

U.S District Judge Paul Engelmayer, based in New York, has scheduled the trial for January 26, 2026. The case is expected to last anywhere between four to eight weeks, promising to keep stakeholders and observers on the edge of their seats.

Conclusion

As the world waits with bated breath, this case is set to be a crucial litmus test for the broader cryptocurrency sector, particularly in the area of regulation and oversight. The outcomes may have far-reaching implications, potentially redefining the landscape of digital currency governance.

Tags: Do Kwonstable coinTerraform Labs PteTerraUSDUnited States
Tweet1ShareShare

DON'T MISS THESE! HOT OFF THE PRESS

Dogecoin, Remittix, and XRP — Where They Could Go If Bitcoin Hits $250K
CRYPTO

Dogecoin, Remittix, and XRP — Where They Could Go If Bitcoin Hits $250K

August 14, 2025
Could the Bifrost–SBI Deal Kickstart a Bitcoin Shift in Japan?
BITCOIN

Could the Bifrost–SBI Deal Kickstart a Bitcoin Shift in Japan?

August 14, 2025
Ethereum ETFs Dominate With $2.2B Inflows in 3 Days, Closing in on All-Time High as Bitcoin Lags Behind
CRYPTO

Ethereum ETFs Dominate With $2.2B Inflows in 3 Days, Closing in on All-Time High as Bitcoin Lags Behind

August 14, 2025
Ethereum Poised to Maintain Market Supremacy as Analysts Dismiss XRP’s Chances This Cycle
CRYPTO

Ethereum Poised to Maintain Market Supremacy as Analysts Dismiss XRP’s Chances This Cycle

August 14, 2025
Could SHIB Pull Off Another Market Shock? Lucie Teases Bold Comeback
CRYPTO

Could SHIB Pull Off Another Market Shock? Lucie Teases Bold Comeback

August 14, 2025
Ethereum Foundation Refutes $12.8M Sale Rumors, Stresses Strategic Holdings Shift as Corporate ETH Control Grows
CRYPTO

Ethereum Foundation Refutes $12.8M Sale Rumors, Stresses Strategic Holdings Shift as Corporate ETH Control Grows

August 14, 2025
Load More

Related News

Dogecoin, Remittix, and XRP — Where They Could Go If Bitcoin Hits $250K

Dogecoin, Remittix, and XRP — Where They Could Go If Bitcoin Hits $250K

August 14, 2025
Could the Bifrost–SBI Deal Kickstart a Bitcoin Shift in Japan?

Could the Bifrost–SBI Deal Kickstart a Bitcoin Shift in Japan?

August 14, 2025
Ethereum ETFs Dominate With $2.2B Inflows in 3 Days, Closing in on All-Time High as Bitcoin Lags Behind

Ethereum ETFs Dominate With $2.2B Inflows in 3 Days, Closing in on All-Time High as Bitcoin Lags Behind

August 14, 2025
Ethereum Poised to Maintain Market Supremacy as Analysts Dismiss XRP’s Chances This Cycle

Ethereum Poised to Maintain Market Supremacy as Analysts Dismiss XRP’s Chances This Cycle

August 14, 2025
Could SHIB Pull Off Another Market Shock? Lucie Teases Bold Comeback

Could SHIB Pull Off Another Market Shock? Lucie Teases Bold Comeback

August 14, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve Finance FTX grayscale Memecoin metaverse Microstrategy NFT NFTs opinion PEPE ripple sec Shiba Inu Solana Stablecoin Web3 X xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.