Terraform co-founder sentenced to 15 years in prison after guilty plea

Dec 11, 2025 - 23:00
Terraform co-founder sentenced to 15 years in prison after guilty plea
Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison after pleading guilty to wire fraud and conspiracy to defraud. In a Thursday hearing in the US District Court for the Southern District of New York, Judge Paul Engelmayer ordered that Kwon serve 15 years in prison for his role...

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