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

Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called ...

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

The judge said the victim letters, which detailed the personal impact of the Terra collapse, were “impactful”—before ...

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

Kwon co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies. Read more at straitstimes.com.

Do Kwon was sentenced to 15 years for fraud tied to the TerraUSD/Luna collapse, which wiped out about $40B in 2022.

The sentencing is the final fallout from 2022, when Kwon’s stablecoins TerraUSD and Luna both suddenly collapsed in value, ...

Crypto entrepreneur Do Kwon received a 15-year prison sentence on December 11 after he pleaded guilty to fraud relating to ...

Cryptocurrency Terraform Labs co-founder, Do Kwon, has been sentenced to 15 years in prison by a district judge in New York.

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

A United States court sentenced cryptocurrency tycoon Do Kwon to 15 years in prison on Thursday over fraud linked to his ...