Terra’s Fall Comes Full Circle: Do Kwon Hit With 15-Year Prison Term in US Court
Do Kwon, the controversial founding father of Terraform Labs and the architect behind the failed TerraUSD and Luna crypto property, obtained a 15-year federal jail sentence on Thursday. US District Judge Paul A. Engelmayer, delivering the sentence in a Manhattan courtroom, described the misconduct as an “epic fraud.” Kwon, now 34, had earlier admitted to…
