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Home Editor's Pick

Do Kwon Faces Up to 12 Years in Prison Over ‘Colossal’ Role in $40B TerraUSD Collaps

by DynamicTradesToday
December 6, 2025
in Editor's Pick
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Do Kwon Faces Up to 12 Years in Prison Over ‘Colossal’ Role in $40B TerraUSD Collaps
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Do Kwon is set for sentencing on December 11, 2025, in Manhattan federal court. Judge Paul Engelmayer will decide his prison term. U.S. prosecutors are seeking the toughest sentence allowed under his plea deal. They argue Do Kwon’s fraud was large enough to shake parts of the crypto market after the Terra collapse. Do Kwon

The post Do Kwon Faces Up to 12 Years in Prison Over ‘Colossal’ Role in $40B TerraUSD Collaps appeared first on CoinGape.

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