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🚨Do Kwon has been sentenced to 15 years in prison… Why?
He misled investors about how TerraUSD (UST) stayed stable. When the system failed in 2022, UST and LUNA collapsed, wiping out over $40B. Prosecutors said he made false claims about the safety of the project, leading to massive investor losses.
#DoKwon #TerraLuna #CryptoNews #Blockchain #LUNA #CryptoUpdate #Regulation