Kwon attempted to flee after the collapse, eventually being captured in Montenegro in March 2023 while attempting to board a ...

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in ...

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

FTAV watched on in court as a New York judge eviscerated the Terraform Labs co-founder — and explained his dramatic rise and ...

A Manhattan federal judge sentenced Terraform Labs founder Do Kwon to 15 years in prison on Dec. 11 following his guilty plea ...

Terraform Labs Pte. co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the ...

Do Kwon sentenced to 15 years in US fraud case over TerraUSD and Luna collapse that erased $40bn, marking one of crypto’s ...

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

In South Korea, Do Kwon could potentially serve more than 30 years for his crimes, according to a local media report.

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

Kwon, who co-founded Terraform Labs and developed the TerraUSD and Luna currencies, pleaded guilty and admitted misleading ...