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HomeNewsCrypto king Do Kwon jailed for 15 years over $40bn stablecoin fraud

Crypto king Do Kwon jailed for 15 years over $40bn stablecoin fraud

The co-founder of cryptocurrency firm Terraform Labs was sentenced to 15 years in prison after a US court found that his $40bn stablecoin ecosystem was sustained by fraud.

Original Article: http://www.euronews.com/business/2025/12/12/crypto-king-do-kwon-jailed-for-15-years-over-40bn-stablecoin-fraud

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