U.S. District Judge Paul A. Engelmayer, who pronounced the sentence, slammed Kwon for repeatedly deceiving investors who had invested their life savings with him, according to Reuters. The judge ...

Add Yahoo as a preferred source to see more of our stories on Google. US Prosecutors to Search Do Kwon’s Emails, Twitter, and Devices in Terra Fraud Case US prosecutors have laid out their plans for ...

Do Kwon, co-founder of the company behind the collapsed Terra blockchain and its algorithmic stablecoin TerraUSD, has pleaded guilty to conspiracy to commit fraud and one count of fraud. Why it ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Terraform Labs Pte. co-founder Do Kwon pleaded not guilty to US fraud charges tied to the $40 billion collapse of ...

Terraform Labs co-founder Do Kwon has received a 15-year federal prison sentence, concluding a case that stemmed from the collapse of the TerraUSD (UST) stablecoin. The collapse wiped out an estimated ...

The U.S. Department of Justice is urging a federal judge to impose a full 12-year prison sentence on Terra founder Do Kwon, citing the scale of the multibillion-dollar fraud that triggered one of ...

The Terra ecosystem’s collapse in May 2022 is one of the most shocking occurrences in cryptocurrency history. It wiped out around $45 billion in market capitalisation in just a few days and set off a ...

Do Kwon's trial stemming from the collapse of his Terra crypto project was pushed from January to February 2026 at the second pre-trial conference in Manhattan court on Thursday. Judge Paul Engelmayer ...

The next hearing in the US government’s case against Terraform Labs co-founder Do Kwon has been delayed until April after prosecutors said they found another four terabytes of evidence. A Manhattan ...

Former Terraform Labs CEO Do Kwon, once a celebrated figure in the cryptocurrency world, now faces a maximum sentence of 130 years in prison and a tougher legal challenge following his extradition to ...

Some of it never existed, some went to the people who figured out how they could exploit the smart contracts to cause an inflationary spiral. Basically terra / Luna was two coins. Luna was billed as ...