Do Kwon go change im plea for US Terra Fraud Case
Do Kwon wey be Terraform Labs co-founder fit go enter guilty plea next week for US criminal case wey concern the 2022 Terra ecosystem collapse. Judge Paul Engelmayer for SDNY don schedule conference for Kwon to give narrative allocution after months wey dem dey do plea talks. Kwon wey dem extradite from Montenegro last December 2024, dey face nine felony counts like securities fraud, market manipulation and money laundering. His trial dey scheduled for January 2026. Meanwhile, Ethereum core developer Federico Carrone dey free after 24-hour detention for Turkey because of him connection to privacy protocol. Carrone talk say him research na academic one and e don donate 500,000 ETH to help Tornado Cash co-founder Roman Storm legal fight, show say people dey worry about dem criminalize open-source privacy tools. Both these tins show say legal wahala still dey crypto world.
Neutral
Dis news di dey focus on legal mata, no be market fundamental dem. Do Kwon fit admit say e wrong plus say dem free one Ethereum developer dey show say regulation risk still dey but e no go affect token supply, demand or network use direct. Past cases like Tornado Cash sanctions cause short-time shake for ETH but no steady trend. Traders no go change their mind just because of these legal things, so market impact na neutral now.