Do Kwon Falls Hard — Terraform Labs Chief Gets 15 Years For Wire Fraud

Do Kwon, the South Korean co-founder of Terraform Labs, was sentenced to 15 years in prison on December 11, 2025 in a Manhattan federal court after pleading guilty to fraud tied to the collapse of the TerraUSD stablecoin and its sister token, Luna. According to court documents and news reports, the judge described the scheme… Continue reading Do Kwon Falls Hard — Terraform Labs Chief Gets 15 Years For Wire Fraud

Former Terra CEO Do Kwon Enters Not Guilty Plea In Landmark $40 Billion Crypto Trial

Do Kwon, the South Korean cryptocurrency entrepreneur and co-founder of Terraform Labs, pleaded not guilty on Thursday to a series of criminal fraud charges in a Manhattan federal court.  This comes just days after his extradition from Montenegro, where he had been detained for over a year. His case centers around the collapse of TerraUSD… Continue reading Former Terra CEO Do Kwon Enters Not Guilty Plea In Landmark $40 Billion Crypto Trial