Do Kwon receives a 15-year sentence in US court for the $40 billion TerraUSD collapse
Do Kwon Sentenced for Major Cryptocurrency Fraud Do Kwon, the South Korean entrepreneur behind two cryptocurrencies that witnessed a staggering $40 billion loss in 2022, was sentenced to 15 years in prison on Thursday for what was described by a judge as an “epic fraud.” U.S. District Judge Paul A. Engelmayer criticized Kwon for misleading […]
Do Kwon, the creator of TerraUSD, receives a 15-year sentence for the $40 billion cryptocurrency crash
Do Kwon Sentenced to 15 Years in Prison NEW YORK, Dec 11 – South Korean entrepreneur Do Kwon, known for creating two cryptocurrencies that collectively lost around $40 billion last year, was sentenced to 15 years in prison by a U.S. District Judge. The judge referred to Kwon’s actions as “epic fraud.” Judge Paul A. […]
Do Kwon, the creator of TerraUSD, receives a 15-year sentence for the $40 billion cryptocurrency collapse.
Do Kwon Sentenced to 15 Years for Cryptocurrency Fraud Do Kwon, the South Korean crypto entrepreneur behind two digital currencies that collectively lost around $40 billion in 2022, was sentenced to 15 years in prison. This verdict was delivered by U.S. District Judge Paul A. Engelmayer, who described Kwon’s actions as an “epic fraud.” During […]
Do Kwon, the creator of TerraUSD, faces sentencing for the $40 billion cryptocurrency failure
Do Kwon to be Sentenced for Crypto Fraud NEW YORK, Dec 11 – Do Kwon, a cryptocurrency entrepreneur from South Korea, is set to be sentenced on Thursday in federal court in New York. He faces charges of fraud and conspiracy relating to two digital currencies that reportedly lost about $40 billion in 2022. The […]