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Do Kwon

A collection of 5 posts

Do Kwon Sentenced to 15 Years in Prison for Terra Luna Collapse Fraud

Do Kwon Sentenced to 15 Years in Prison for Terra Luna Collapse Fraud

Terraform Labs co-founder Do Kwon received a 15-year prison sentence in a Manhattan federal courtroom on Thursday for his role in one of the largest financial frauds in cryptocurrency history. The punishment follows the spectacular 2022 collapse of the $40 billion Terra ecosystem, which wiped out savings for hundreds of

Do Kwon Requests 5 Year Prison Sentence in TerraUSD Fraud Case

Do Kwon Requests 5 Year Prison Sentence in TerraUSD Fraud Case

Terraform Labs co-founder Do Kwon has requested a prison term of no more than five years from a Manhattan federal court for his involvement in the fraud that triggered the 2022 collapse of the TerraUSD stablecoin. This development comes ahead of his sentencing hearing scheduled for December 11 before U.

Do Kwon Appears in New York Court After Extradition, Pleads Not Guilty

Do Kwon Appears in New York Court After Extradition, Pleads Not Guilty

As the 2025 year ushers in a new chapter, marked by optimism, the shadow of past controversies lingers as Do Kwon, the architect behind the Terra Luna ecosystem, made his first appearance in a US courtroom on January 2, 2025. In a New York court, before Judge Robert Lehrburger, Kwon

Montenegro Extradites Do Kwon to the US Amid Cryptocurrency Fraud Allegations

Montenegro Extradites Do Kwon to the US Amid Cryptocurrency Fraud Allegations

BREAKING: Montenegro has decided to extradite the infamous South Korean cryptocurrency entrepreneur Do Kwon to the United States. This decision was officially announced by the Montenegrin Justice Ministry on Friday, December 27, 2024, highlighting a significant chapter in the saga of Terraform Labs' collapse. Do Kwon, once celebrated as

From Crypto Crash to Cinema: The Rise and Fall of Do Kwon Inspires South Korean Film

From Crypto Crash to Cinema: The Rise and Fall of Do Kwon Inspires South Korean Film

The tumultuous saga of TerraUSD and LUNA's monumental crash in 2022 has transcended the financial world to find a new life on the silver screen. The South Korean indie film "Crypto Man" is set to explore this narrative, blending elements of dark humor with a poignant