Kwon attempted to flee after the collapse, eventually being captured in Montenegro in March 2023 while attempting to board a ...

Terraform Labs Pte. co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the ...

Terraform Labs co-founder Do Kwon sentenced to 15 years for orchestrating $40B Terra/Luna collapse. Judge said he committed "fraud on epic, generational scale." ...

Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called "a glorified pyramid scheme." ...

Do Kwon, the crypto tycoon at the center of the 2022 collapse of cryptocurrencies TerraUSD and Luna that caused an estimated ...

FILE - Montenegrin police officers escort South Korean citizen, Terraform Labs founder Do Kwon in Montenegro's capital Podgorica, March 23, 2024. (AP Photo/Risto ...

Terraform Labs co-founder Do Kwon asked a US judge to cap his prison time at five years for his role in the collapse of the Terra ecosystem, which erased about $40 billion from crypto markets in 2022.

NEW YORK (AP) — Cryptocurrency mogul Do Kwon is scheduled to be sentenced Thursday for misleading investors who lost billions when his company’s crypto ecosystem collapsed in 2022. Kwon, known by some ...

NEW YORK (AP) — One-time cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old ...