StablecoinGuardian
## Do Kwon Faces 15-Year Prison Sentence Over Terra's Historic $40 Billion Collapse
The founder of Terraform Labs has been handed a substantial 15-year prison term following his guilty plea in connection with one of cryptocurrency's most devastating market failures. What unfolded in May 2022 became a cautionary tale for the entire industry: a $40 billion ecosystem that evaporated almost overnight, leaving countless retail investors with devastating financial losses.
The court proceedings revealed the gravity of Do Kwon's actions, with the presiding judge characterizing the scheme as "exception
The founder of Terraform Labs has been handed a substantial 15-year prison term following his guilty plea in connection with one of cryptocurrency's most devastating market failures. What unfolded in May 2022 became a cautionary tale for the entire industry: a $40 billion ecosystem that evaporated almost overnight, leaving countless retail investors with devastating financial losses.
The court proceedings revealed the gravity of Do Kwon's actions, with the presiding judge characterizing the scheme as "exception
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