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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
Collection

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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