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

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

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

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

Terraform Labs co-founder Do Kwon has been sentenced to 15 years in prison for what a judge called ‘generational’ fraud from ...

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

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 sentencing brings a measure of justice, finally, for all of those impacted by the collapse of Terra and its UST ...

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 ...

Do Kwon, the disgraced founder of Terraform Labs, has reportedly been sentenced to serve 15 years in prison for alleged role ...