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BNB $604.97 -0.81%
XRP $1.00 -0.15%
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TRX $0.3308 -0.42%
DOGE $0.0698 -0.25%
ADA $0.1777 -0.63%
BCH $203.63 -1.07%
LINK $9.40 +0.78%
HYPE $57.47 +2.18%
AAVE $85.99 -0.84%
SUI $0.6767 -0.76%
XLM $0.1567 -0.90%
ZEC $487.69 -0.38%

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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