Do Kwon Sentenced for Crypto Fraud
Update: 2025-12-12
Description
Do Kwon, co-founder of Terraform Labs, sentenced to fifteen years for massive crypto fraud, evading justice, and deceiving investors. Judge emphasizes scale of fraud, Kwons attempts to evade justice, and online persona. Defenses request for five-year sentence deemed utterly unthinkable and wildly unreasonable. Judge questions political influence in plea agreement.
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