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Alexander Stefanov

Do Kwon sentenced to 15 years in U.S. federal prison on Dec. 12, 2025 for TerraUSD fraud

On Dec. 12, 2025, a U.S. court confirmed a 15-year federal prison sentence for Terra founder Do Kwon after a hearing that featured victim testimonies. Earlier this year, he pleaded guilty, narrowing a nine-count indictment to two fraud charges, while prosecutors had recommended 12 years. The judge also addressed potential transfer to South Korea and limited credit for time Kwon spent in custody in Montenegro.