After receiving a 15-year sentence final week, Terraform Labs’ co-founder and former CEO, Do Kwon, may face one other main sentence in a possible second trial if extradited to his residence nation, South Korea. Terra’s Do Kwon May Face Second Trial On Monday, South Korean information media retailers affirmed that the authorized troubles of Terraform…
Terraform Labs co-founder Do Kwon faces the opportunity of a further trial and prolonged jail time period in South Korea following his 15-year sentence from a Manhattan federal courtroom for orchestrating the $40 billion TerraUSD collapse. According to The Korea Times, the 34-year-old Korean nationwide might apply to be transferred to his house nation after…
Do Kwon, the South Korean co-founder of Terraform Labs, was sentenced to 15 years in jail on December 11, 2025 in a Manhattan federal courtroom after pleading guilty to fraud tied to the collapse of the TerraUSD stablecoin and its sister token, Luna. According to courtroom paperwork and information reports, the choose described the scheme…
Terraform Labs co-founder Do Kwon has acquired a 15-year jail sentence stemming from his involvement within the crypto fraud tied to the collapse of TerraUSD, which resulted in a $40 billion loss in 2022. The South Korean nationwide pleaded guilty in August to conspiracy and wire fraud expenses at Terraform Labs. US District Judge Paul…
Federal prosecutors are demanding a 12-year jail sentence for Terraform Labs co-founder Do Kwon for orchestrating the fraud that triggered TerraUSD’s catastrophic $40 billion collapse in 2022. According to Bloomberg, the federal government described Kwon’s crimes as “colossal in scope” in a Thursday submitting earlier than US District Judge Paul Engelmayer, pointing to cascading market…
The legal professionals of Terraform Labs’ co-founder are reportedly looking for a lesser sentence for the South Korean crypto entrepreneur’s function within the multi-billion-dollar collapse, claiming that he has already “suffered considerably” for his crimes. (*11*)Terra’s Do Kwon Says Five Years In Prison Will Suffice On Wednesday, Terraform Labs’ co-founder and former CEO, Do Kwon,…
Do Kwon is asking a Manhattan choose to condemn him to not more than 5 years in jail for orchestrating the $40 billion collapse of TerraUSD, regardless of prosecutors agreeing to advocate as much as 12 years below his plea deal. According to Bloomberg, the Terraform Labs co-founder argues in a Wednesday submitting that longer…
Terraform Labs co-founder Do Kwon is expected to plead guilty in a US fraud case tied to the 2022 collapse of the TerraUSD (UST) stablecoin, which wiped out $40b in value and sent shockwaves through the cryptocurrency industry. US District Judge Paul Engelmayer has scheduled a change of plea hearing for Tuesday 10:30 am in…