US demands 12 years in prison for Do Kwon after $40 billion Terracrash shakes crypto market
Important points: U.S. prosecutors are asking a New York judge to sentence Terraform Labs founder Do Kwon to: 12 years imprisonment Charged with orchestrating a multi-year virtual currency fraud. The collapse of TerraUSD (UST) and LUNA disappeared Over $40 billion Its value increased, sparking the “crypto winter” of 2022. Prosecutors argue that Kwon’s lies about…
