Crypto tycoon Do Kwon sentenced to 15 years in prison for involvement in $40 billion fraud related to Terraform.
On December 11, 2025, Do Hyeong Kwon, co-founder and former CEO of Terraform Labs, was sentenced to 15 years in federal prison in the United States. This sentence was a result of his involvement in a significant fraud that led to the collapse of the TerraUSD (UST) stablecoin and its counterpart token Luna, resulting in […]