2026-05-05 16:52:01
Do Kwon Sentenced to 15 Years in U.S., Terra Collapse Triggered $40B+ in Losses
According to Digital Asset, Do Kwon, founder of Terraform Labs, was sentenced to 15 years in prison by a U.S. federal judge on December 12, 2024, on fraud and money laundering charges. Kwon is expected to serve approximately six years before potential extradition to South Korea, following an