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Do Kwon sentenced to 15 years in prison after $50B Terra collapse

Terraform Labs co-founder Do Kwon has received a 15-year federal prison sentence, concluding a case that stemmed from the collapse of the TerraUSD (UST) stablecoin. The collapse wiped out an estimated $50 billion in market value within three days and triggered a chain of events that reshaped the digital-asset sector. The sentence, issued by District [...]

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