Do Kwon Sentenced to 15 Years for Crypto Fraud
Update: 2025-12-13
Description
Do Kwon, a key figure in cryptocurrency, sentenced to 15 years for misleading investors and inflating Terra, Luna values. Judge criticizes Kwons role in cryptos less reputable aspects. Kwon fled after companys collapse, arrested in Montenegro, agrees to pay over $200M, $3.5B for Terraforms closure. Case highlights regulatory efforts in crypto sector.
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