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Crypto News: US Seeks 12-Year Sentence for Do Kwon Over 'Colossal' Terra/Luna Fraud

Key Insights Crypto news recently received a stark reminder of its most painful chapter. Prosecutors in the Southern District of New York filed a sentencing memo that requested a 12-year prison term for Do Kwon, the co-founder of Terraform Labs. They accused him of masterminding a fraud that erased more than $40 billion of investor [...]The post Crypto News: US Seeks 12-Year Sentence for Do Kwon Over 'Colossal' Terra/Luna Fraud appeared first on The Coin Republic.

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