Do Kwon Says Five Years in Prison Is Enough for Terra’s $40B Collapse
The post Do Kwon Says Five Years in Prison Is Enough for Terra’s $40B Collapse appeared on BitcoinEthereumNews.com.
The post Do Kwon Says Five Years in Prison Is Enough for Terra’s $40B Collapse appeared first on Coinpedia Fintech News Terraform Labs co-founder Do Kwon says he should receive no more than five years in prison in the US for his role in the multibillion-dollar TerraUSD collapse. Kwon pleaded guilty in August to conspiracy and wire fraud, avoiding trial after his extradition from Montenegro, where he was earlier arrested for using a fake passport while evading charges from South Korea. The 2022 implosion wiped out $40 billion, triggering global regulatory scrutiny and one of the crypto industry’s biggest fraud cases. Source: https://coinpedia.org/crypto-live-news/do-kwon-says-five-years-in-prison-is-enough-for-terras-40b-collapse/
Filed under: News - @ November 27, 2025 2:26 pm