
Crypto Mogul Do Kwon, known as “The Cryptocurrency King”, pleads guilty to accusations of fraud | Business
NEW YORK (AP)-The South Korean cryptocurrency magnate Do Kwon pleaded guilty on Tuesday with two fraud accusations resulting from the collapse of $ 40 billion in a cryptocurrency ecosystem that had promised investors that their money was sure. Kwon, 33, nicknamed by some like “the king of cryptocurrency”, pleaded in the Federal Court of Manhattan….