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ETH $2,492.44 -0.41%
BNB $743.98 -1.81%
XRP $1.40 -1.38%
SOL $104.86 -1.56%
TRX $0.3363 +0.49%
DOGE $0.0896 -0.50%
ADA $0.2198 -0.54%
BCH $256.29 -1.76%
LINK $13.23 +7.82%
HYPE $87.89 -0.80%
AAVE $134.13 -0.98%
SUI $0.8143 +1.86%
XLM $0.1918 +2.59%
ZEC $1,195.53 +1.07%

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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