Cryptocurrency Terraform Labs co-founder, Do Kwon, has been sentenced to 15 years in prison by a district judge in New York.
The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX.
Bitcoin has never punished investors who held through a full four-year cycle — a pattern that keeps resurfacing, no matter ...
The sentencing is the final fallout from 2022, when Kwon’s stablecoins TerraUSD and Luna both suddenly collapsed in value, ...
The 15-year prison sentence places Do Heong Kwon among a growing list of high-profile figures in the cryptocurrency industry ...
Netflix has announced a new original drama about a couple scrambling to retrieve $35M in crypto after forgetting the password ...
Terra founder Do Kwon sentenced to 15 years for $40B collapse. His guilty plea highlights the impact of cooperation on crypto fraud cases.
The co-founder of cryptocurrency firm Terraform Labs was sentenced to 15 years in prison after a US court found that his ...
Do Hyeong Kwon, the co-founder and former CEO of Terraform Labs, was sentenced to 15 years in U.S. federal prison on Thursday ...
Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his ...
Do Kwon got 15 years for a $40B fraud—10 years less than SBF's 25. The difference? A guilty plea, remorse, and pending Korea charges.
Cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison for misleading investors who lost billions when his ...