Do Kwon Handed 15-Year Prison Sentence; Terra Tokens Plummet

Do Kwon, the founder of Terraform Labs and the architect behind the catastrophic $40 billion Terra-Luna collapse of 2022, has been sentenced to 15 years in federal prison. The judgment, delivered by U.S. District Judge Paul Engelmayer, exceeded the 12-year term that prosecutors had requested. The harsh sentence signals a strong punitive stance against major …

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