‼️ Founder of Terra Do Kwon received 15 years in prison
🇺🇸 The U.S. District Court in New York sentenced Korean crypto businessman Do Kwon to 15 years in federal prison.
✅ The collapse of the Terra-Luna ecosystem in May 2022 resulted in approximately $40 billion in investor funds and became one of the largest events in crypto history.
Without a plea agreement, Kwon faced up to 135 years in prison, but ultimately he received 15. He must serve half of that time in the U.S., and then he may continue serving it in Korea.
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