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

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

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

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

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

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

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

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

A US District Judge handed down a 15-year prison sentence to Terraform Labs co-founder Do Kwon for Terra's $40 billion crash.

A US court sentenced cryptocurrency tycoon Do Kwon to 15 years in prison Thursday over fraud linked to his company's failure, ...

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

South Korean cryptocurrency tycoon Do Kwon was sentenced to 15 years in prison Thursday over fraud linked to his company's ...