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‼️ Terra Founder Do Kwon Sentenced to 15 Years in Prison
🇺🇸 The U.S. District Court in New York sentenced Korean crypto businessman Do Kwon to 15 years in federal prison in the United States.
✅ The collapse of the Terra-Luna ecosystem in May 2022 wiped out about $40 billion dollars of investors' funds and became one of the biggest in crypto history.
Without a plea deal, Kwon faced up to 135 years in prison, but ultimately received 15. He is required to serve half of this sentence in the U.S., after which he may continue serving it in Korea.