Do Kwon Sentenced to 15 Years in U.S. Federal Case Over TerraUSD Collapse

Do Kwon received a 15-year U.S. federal sentence for deceiving investors during TerraUSD's collapse. He pleaded guilty to two counts, while prosecutors sought at least 12 years and the defense asked for no more than five. He also agreed to an $80 million SEC civil penalty and a ban on crypto-related activities.