Do Kwon, Crypto Entrepreneur Who Caused 2022 Crash, Sentenced to 15 Years
Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.
Last updated: 2025-12-12 06:59:43 ET
Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.
Kwon, 34, was accused of misleading investors in 2021 about TerraUSD, a so-called stablecoin designed to maintain a value of $1.
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