Terraform Labs Co-Founder Do Kwon Sentenced To 15 Years In Prison

The legal saga surrounding Do Kwon, co-founder of Terraform Labs, has culminated in a significant ruling, with the crypto magnate sentenced to 15 years in prison this Thursday.  This decision follows a tumultuous period marked by the collapse of two digital currencies created by the firm, which collectively erased an estimated $40 billion from the […]

Terraform Labs’ Do Kwon Prepares To Plead Guilty Over $40 Billion Collapse

Do Kwon, co-founder of blockchain company Terraform Labs, is anticipated to enter a guilty plea regarding US fraud charges tied to two cryptocurrencies that collectively lost approximately $40 billion in 2022.  Court records revealed on Monday indicate that a conference for this purpose has been scheduled for August 12, 2025, at 10:30 a.m. in Courtroom […]