Terra ecosystem architect Do Kwon just got handed a 15-year sentence by a U.S. court on fraud charges. The ruling marks a significant chapter in one of crypto's most devastating collapses. His Terra-Luna implosion wiped out roughly $40 billion in market value back in 2022, leaving countless investors burned. Prosecutors successfully argued his algorithmic stablecoin scheme constituted securities fraud. This verdict sends a clear signal: no matter how innovative the tech sounds, defrauding investors carries serious consequences.
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GasFeeBarbecue
· 12-14 06:45
15 years, huh? This guy really went all out this time... $4 billion just vanished like that.
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FlashLoanKing
· 12-13 16:27
Wow, 15 years? Do Kwon, this guy, is directly in.
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GweiObserver
· 12-12 19:22
15 years? Bro, this move really hit hard. 4 billion USD just disappeared like that. That's pretty intense.
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JustHodlIt
· 12-12 02:01
15 years, this guy is completely finished. 4 billion dollars just gone like that, I still remember how badly those little guys cried back then.
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token_therapist
· 12-12 01:56
15 years, and this guy is completely finished. 4 billion just gone like that, and he still dares to talk about innovation...
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LayoffMiner
· 12-12 01:55
15 years? This guy really has to pay for his greed; 4 billion is gone just like that.
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WealthCoffee
· 12-12 01:49
Fifteen years... This guy has definitely given the crypto world a vivid lesson
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StakeOrRegret
· 12-12 01:43
Damn, 15 years. Do Kwon really screwed up this time... Lost 4 billion dollars like that.
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MentalWealthHarvester
· 12-12 01:37
It's finally here. This guy should be held accountable for the destruction worth 4 billion.
Terra ecosystem architect Do Kwon just got handed a 15-year sentence by a U.S. court on fraud charges. The ruling marks a significant chapter in one of crypto's most devastating collapses. His Terra-Luna implosion wiped out roughly $40 billion in market value back in 2022, leaving countless investors burned. Prosecutors successfully argued his algorithmic stablecoin scheme constituted securities fraud. This verdict sends a clear signal: no matter how innovative the tech sounds, defrauding investors carries serious consequences.