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ETH $1,880.58 -0.35%
BNB $607.35 -0.47%
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TRX $0.3320 -0.58%
DOGE $0.0700 -0.20%
ADA $0.1797 -1.75%
BCH $205.39 -0.43%
LINK $9.06 +2.22%
HYPE $56.30 -2.12%
AAVE $86.37 -2.27%
SUI $0.6826 -0.84%
XLM $0.1576 -1.21%
ZEC $492.60 +0.24%

The U.S. prosecution recommends a 12-year sentence for Do Kwon, stating that the scale of his cryptocurrency fraud is enormous

2025-12-05 22:54:46

The U.S. prosecution recommends a 12-year prison sentence for Terraform Labs co-founder Do Kwon, due to his fraudulent actions that led to the $40 billion collapse of the TerraUSD stablecoin.

Do Kwon will be sentenced by U.S. District Judge Paul Engelmayer on December 11.

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