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US Prosecutors Recommend 12-Year Sentence for Do Kwon, Citing Massive Cryptocurrency Fraud

Summary: According to reports, US prosecutors have recommended a 12-year prison sentence for Do Kwon, co-founder of Terraform Labs, due to his fraudulent activities leading to a $40 billion collapse of the TerraUSD stablecoin. Do Kwon is set to be sentenced by US District Judge Paul Engelmayer on December 11th.

According to reports, US prosecutors have recommended a 12-year prison sentence for Do Kwon, co-founder of Terraform Labs, due to his fraudulent activities leading to a $40 billion collapse of the TerraUSD stablecoin. Do Kwon is set to be sentenced by US District Judge Paul Engelmayer on December 11th.

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Link: US Prosecutors Recommend 12-Year Sentence for Do Kwon, Citing Massive Cryptocurrency Fraud [Copy]

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