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Crypto-crasher Do Kwon admits guilt over failed not-so-stablecoin that erased $41 billion

Tells court 'What I did was wrong and I want to apologize for my conduct' Terraform Labs founder Do Kwon has pled guilty to committing fraud when promoting the so-called "stablecoin" Terra USD and now ...
AOL

Judge tells notorious crypto scammer ‘you have been bitten by the crypto bug’ in handing down 15 year sentence

First Sam Bankman-Fried was sentenced to prison for his crypto crime. Now, it’s the turn of Do Kwon, who is widely regarded as crypto’s most infamous fraudster after Bankman-Fried. On Thursday, the 34 ...
WRAL

Crypto mogul Do Kwon to be sentenced for misleading investors who lost billions in stablecoin crash

NEW YORK (AP) — Cryptocurrency mogul Do Kwon is scheduled to be sentenced Thursday for misleading investors who lost billions when his company’s crypto ecosystem collapsed in 2022. Kwon, known by some ...
FOX40 News

Crypto mogul Do Kwon sentenced to 15 years in prison for $40 billion stablecoin fraud

NEW YORK (AP) — Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old ...
CNBC

TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison for what a judge called ...