Do Kwon’s Trial for TerraUSD Collapse Set for 2026
- Do Kwon’s trial is scheduled for January 26, 2026, in New York.
- Kwon faces charges including securities fraud and conspiracy to commit money laundering.
- The collapse of TerraUSD and LUNA wiped out $40 billion in May 2022.
- If convicted, Kwon could face up to 130 years in prison.
- Terraform Labs settled with the SEC for $4.47 billion in June 2024.
The trial will address criminal fraud charges related to the TerraUSD collapse, which resulted in significant financial losses and multiple legal challenges for Do Kwon and Terraform Labs.
