Crypto boss sentenced to 15 years over ‘epic, generational scale’ fraud that lost over 40 billion dollars

via pcgamer.com

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Cryptocurrency Terraform Labs co-founder, Do Kwon, has been sentenced to 15 years in prison by a district judge in New York. The cryptocurrency boss oversaw the collapse of TerraUSD and Luna in 2022, which the judge described as “fraud on an epic, generational scale.” “In the history of federal prosecutions,” US district judge Paul A. […]

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