Former Terraform CEO Do Kwon sentenced to 15 years in prison for crypto scheme

A federal judge in New York has sentenced Do Kwon, the former CEO of Terraform Labs, to 15 years in prison for a scheme that cost victims billions of dollars.

Crypto Magnate Do Kwon Sentenced to 15 Years in Prison

The founder of Terraform Labs was sentenced today for lying about “experimental” coins that blew a $40 billion hole in the crypto economy.
KTAR

Crypto mogul Do Kwon to be sentenced for misleading investors who lost billions in stablecoin crash

Cryptocurrency mogul Do Kwon is scheduled to be sentenced Thursday for misleading investors who lost billions when his company’s crypto
Decrypt

These Bleak Victim Letters Helped Seal Terra Founder Do Kwon's Fate

The judge said the victim letters, which detailed the personal impact of the Terra collapse, were “impactful”—before sentencing Do Kwon to 15 years in prison.
CoinDesk

Do Kwon’s Sentencing Hearing Drags on as Court Weighs Mountain of Victim Testimony

District Judge Paul Engelmeyer offered the Terraform Labs co-founder the chance to postpone his sentencing date, in light of hundreds of victim impact statements shared with the court in the past 24 hours.

Do Kwon Gets 15 Years, 10 Less Than SBF—Here’s Why

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.
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