US prosecutors are pushing for a 12-year prison sentence for Terraform Labs co-founder Do Kwon, calling the TerraUSD crash a “colossal fraud” that wiped out $40B.
His final sentencing is set for Dec 11 in New York.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
📢 UPDATE — Terra Case
US prosecutors are pushing for a 12-year prison sentence for Terraform Labs co-founder Do Kwon, calling the TerraUSD crash a “colossal fraud” that wiped out $40B.
His final sentencing is set for Dec 11 in New York.