The founder of Terraform Labs was sentenced today for lying about “experimental” coins that blew a $40 billion hole in the ...

Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.

Do Kwon receives 15 years in prison for his role in the Luna crash sentencing, following the $40B collapse of the Terra ...

Do Kwon became the latest former high-profile cryptocurrency executive to face prison time in the United States, following ...

Onetime cryptocurrency mogul Do Kwon has been sentenced to 15 years in prison after a $40 billion crash revealed his crypto ...

Kwon, 34, was accused of misleading investors in 2021 about TerraUSD, a so-called stablecoin designed to maintain a value of ...

Terra founder Do Kwon sentenced to 15 years for fraud, ending a three-year saga after the project’s 2022 collapse.

Cryptocurrency mogul Do Kwon is scheduled to be sentenced for misleading investors who lost billions when his company’s crypto ecosystem collapsed in 2022 ...

The $40 billion crash of Kwon’s TerraUSD and Luna coins triggered a cascade of company failures across the crypto sector.

District Judge Paul Engelmeyer offered the Terraform Labs co-founder the chance to postpone his sentencing date, in light of ...

The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX.

Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called ...