Terraform Co-Founder Do Kwon Sentenced to 15 Years Over $40B Collapse

Terraform Labs co-founder Do Kwon received a 15-year prison sentence for wire fraud and conspiracy to defraud following the 2022 collapse that wiped out $40 billion in crypto. Victims detailed their losses, and Kwon could face additional time in South Korea after serving part of his U. S. sentence source: https://news.shib.io/2025/12/12/terraform-co-founder-do-kwon-sentenced-to-15-years-over-40b-collapse/