Terraform Labs Pte. co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the ...

Onetime cryptocurrency mogul Do Kwon has been sentenced to 15 years in prison after a $40 billion crash revealed his crypto ...

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

NEW YORK — Terraform Labs co-founder Do Kwon was sentenced to 15 years in prison on Wednesday for his role in a massive fraud ...

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 ...

The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX.

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in ...

Do Kwon received a 15-year prison sentence for his role in the Terraform collapse. The judge described the $40 billion fraud ...

The co-founder of Terraform Labs, Do Kwon, could be locked up for an additional 30 years in prison if he goes to trial in ...

The collapse of Do Kwon's Terraform project caused losses that surpassed those by Sam Bankman-Fried's FTX, Celsius and ...

The upcoming sentencing comes after the South Korean entrepreneur pleaded guilty to defrauding investors in August.

The SEC accused Kwon of fleecing investors for billions from 2018 until May 2022 through the purchase and sale of interconnected crypto assets. The original version of this story was published on New ...