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Terraform Labs Founder Do Kwon Sentenced to 15 Years Over $40 Billion Crypto Collapse

Terraform Labs Founder Do Kwon Sentenced to 15 Years Over $40 Billion Crypto Collapse

Author:

Global Cryptocurrency

Published:

2025-12-12 12:16:02

24

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BTCCSquare news:

Terraform Labs founder Do Kwon has been sentenced to 15 years in federal prison for his role in the Terra-Luna collapse, which erased $40 billion in market value in 2022. The sentencing was delivered in Manhattan, marking a pivotal moment in cryptocurrency accountability.

The case underscores the regulatory risks facing blockchain projects, particularly those operating at the intersection of decentralized finance and traditional securities laws. Market participants are now scrutinizing similar algorithmic stablecoin projects with renewed caution.

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