TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse
Kwon previously pleaded guilty and admitted to misleading investors about a coin intended to maintain a stable price during periods of crypto market volatility.
Do Kwon, a South Korean cryptocurrency executive charged with fraud, stands with his attorney David Patton to plead guilty in front of US District Judge Paul Engelmayer in New York City, August 12, 2025 in this courtroom sketch.(photo credit: REUTERS/JANE ROSENBERG)ByREUTERS
