Do Kwon, Crypto Entrepreneur Who Caused 2022 Crash, Sentenced to 15 Years

Emmett Lindner and David Yaffe-Bellany / nytimes - Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.

#blockchain #crypto #business #finance #judiciary #cybercrime #scam #law #regulation

Do Kwon sentencing headlines

Crypto mogul Do Kwon sentenced to 15 years for fraud

2 months / techxplore

TerraUSD Creator Do Kwon Sentenced To 15 Years Over $40 Billion Crypto Collapse

2 months / slashdot / BeauHD

Terraform Labs Co-Founder Do Kwon Sentenced to 15 Years in Prison

2 months / pymnts / PYMNTS

Crypto-crasher Do Kwon jailed for 15 years over $40bn UST bust

2 months / theregister / Simon Sharwood

Crypto fraudster sentenced for 'epic' $40bn stablecoin crash

2 months / bbc

Do Kwon, Crypto Entrepreneur Who Caused 2022 Crash, Sentenced to 15 Years

2 months / nytimes / Emmett Lindner and David Yaffe-Bellany

Crypto Magnate Do Kwon Sentenced to 15 Years in Prison

2 months / wired / Joel Khalili, Caroline Haskins

Crypto Entrepreneur Who Caused 2022 Crash Is Sentenced to 15 Years in Prison

2 months / nytimes / nytimes.com


All Other Stories

TerraUSD Creator Do Kwon Sentenced To 15 Years Over $40 Billion Crypto Collapse https://yro.slashdot.org/story/25/12/11/2239200/terrausd-creator-do-kwon-sentenced-to-15-years-over-40-billion-crypto-collapse?utm_source=rss1.0mainlinkanon&utm_medium=f

2 months / bsky / @slashdot.org / slashdot.org

The founder of Terraform Labs was sentenced today for lying about ‘experimental’ coins that blew a $40 billion hole in the crypto economy. www.wired.com/story/do-kwo...

2 months / bsky / @wired.com / wired.com

Do Kwon gets 15 years for crypto crimes, even longer than prosecutors had asked for. from @joelkhalili.bsky.social and @carolinehaskins.bsky.social

2 months / bsky / @brbarrett.bsky.social / brbarrett.bsky.social

JUST IN: South Korean crypto entrepreneur and prosecuted fraudster Do Kwon was sentenced to 15 years in prison by a US federal judge Thursday for lying about ‘experimental’ coins called TerraUSD that blew a $40 billion hole in the crypto economy.

2 months / bsky / @wired.com / wired.com

In August, Kwon pleaded guilty to defrauding investors who purchased crypto coins issued by his company, Terraform Labs. “[Kwon’s] rampant lies left a trail of financial destruction in their wake,” US prosecutors wrote in a recent court filing.

2 months / bsky / @wired.com / wired.com

TerraUSD was a stablecoin whose value was supposedly pegged to the US dollar by way of an algorithm. “Many smart people believed it would work,” an analyst who previously worked at the crypto brokerage Genesis told WIRED last year.

2 months / bsky / @wired.com / wired.com

But in May 2022, the price-balancing system belched. When traders sold large quantities of the coin, it slipped from its dollar peg, leading to a panicked sell-off that drove the price practically to zero. Read more: www.wired.com/story/do-kwo...

2 months / bsky / @wired.com / wired.com

I predict w presidential pardon for this fraudster after he finds a way to pay $TRUMP MEME coin Corruption at the highest level. www.wired.com/story/do-kwo...

2 months / bsky / @digitalwarrior.bsky.social / digitalwarrior.bsky.social

예~! www.nytimes.com/2025/12/11/t...

2 months / bsky / @javertk23.bsky.social / javertk23.bsky.social

Back to Top / Thursday, December 11, 2025, 5:20 pm / permalink 16856 / 17 stories in 2 months




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