Do Kwon Faces Potential 12-Year Sentence in Terra UST Fraud Case

Dec 11 2025 crypto


Do Kwon, founder of Terraform Labs, faces sentencing on December 11, 2025, in Manhattan for fraud charges related to the 2022 TerraUSD collapse. After pleading guilty in August, prosecutors recommend 12 years in prison, while his lawyers seek five years, citing hubris over greed. TerraUSD Collapse Impact: Caused $40 billion in investor losses in 2022, [...]

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