Do Kwon Faces 15-Year Sentence in TerraUSD Collapse Case, Possible Transfer to South Korea

Dec 12 2025 bitcoin


Do Kwon sentence: Terraform Labs co-founder Do Kwon received a 15-year federal prison term for fraud tied to the TerraUSD stablecoin collapse, which obliterated $50 billion in market value in 2022. This outcome surpasses prosecutors' 12-year recommendation and underscores accountability in crypto failures. Do Kwon pleaded guilty to conspiracy and wire fraud charges related to [...]

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