{"id":6759,"date":"2025-01-09T07:01:39","date_gmt":"2025-01-09T07:01:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6759"},"modified":"2025-01-09T07:01:39","modified_gmt":"2025-01-09T07:01:39","slug":"terra-classic-sinks-as-terraform-founder-do-kwon-set-to-stand-trial-in-2026-for-alleged-40-billion-fraud","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6759","title":{"rendered":"Terra Classic Sinks As Terraform Founder Do Kwon Set To Stand Trial In 2026 For Alleged $40 Billion Fraud"},"content":{"rendered":"<div>\n<p><strong>Do Kwon<\/strong>, co-founder of disgraced <strong>Terraform Labs,<\/strong> will face trial in a year\u2019s time for his alleged role in the $40 billion criminal fraud case involving the collapse of <strong>Terra Classic<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">LUNC<\/a>) and sister stablecoin <strong>TerraUSD<\/strong> (USTC), according to a report on Wednesday.<\/p>\n<p><strong>What Happened<\/strong>: U.S. District Judge <strong>Paul Engelmayer<\/strong> set a trial date for Jan. 26, 2026, in New York, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-08\/terraform-s-do-kwon-to-face-2026-trial-in-ny-on-us-fraud-charges\">expected <\/a>to last for four to eight weeks, Bloomberg reported.<\/p>\n<p>Kwon has been <a href=\"https:\/\/www.benzinga.com\/news\/global\/25\/01\/42773042\/terra-lunas-do-kwon-to-face-criminal-fraud-charges-in-us\">accused of various &#8230;<\/a><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/01\/42891429\/terraform-founder-do-kwon-to-stand-trial-in-2026-for-alleged-40-billion-fraud-terra-classic-token-sinks\" alt=\"Terra\" classic sinks as terraform founder do kwon set to stand trial in for alleged billion fraud>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Do Kwon, co-founder of disgraced Terraform Labs, will face trial in a year\u2019s time for his alleged role in the $40 billion criminal fraud case involving the collapse of Terra Classic (CRYPTO: LUNC) and sister stablecoin TerraUSD (USTC), according to a report on Wednesday. What Happened: U.S. District Judge Paul Engelmayer set a trial date [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-6759","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6759"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6759\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}