US calls for 12‑year prison term for Do Kwon, labeling Terra crash “colossal fraud”

Do-hyung is now facing a possible 12-year prison sentence in the United States after federal prosecutors called the TerraUSD disaster a “colossal fraud” in a Thursday court filing. The U. S. government told Judge Paul Engelmayer in New York that the crime was massive enough to wreck entire corners of the crypto industry, from retail investors […] source: https://www.cryptopolitan.com/us-calls-for-12%e2%80%91year-prison-term-for-do-kwon/