Terraforms Do Kwon Sentenced to 15 Years in Prison for Fraud NEW YORK — Terraform Labs co-founder Do Kwon was sentenced to 15 years in prison on Wednesday for his role in a massive fraud that saw roughly $50 billion wiped from the crypto ecosystem over
Crypto entrepreneur Do Kwon sentenced to 15 years in prison Prosecutors said in an indictment in January that Kwon, who co-founded the bankrupt Terraform Labs, “orchestrated schemes to defraud purchasers of cryptocurrencies” and constructed a
Do Kwon gets 15 years for $40 billion Terraform fraud - MSN Terraform Labs Pte co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the company’s $40 billion collapse in 2022 and triggered a series of
Terraform Labs Co-Founder Do Kwon Sentenced to 15 Years in U. S. Prison . . . Court Ruling and Sentencing Details Kwon, a South Korean national and co-founder of Singapore-based Terraform Labs, was sentenced on Thursday by U S District Judge Paul A Engelmayer in Manhattan The judge said Kwon had repeatedly misled investors and described the case as one of the most damaging frauds brought before U S courts