JUST IN: BNB Chain surpasses Solana in 24-hour decentralized | CRYPTO DOMINIUM on Binance Square

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JUST IN: BNB Chain surpasses Solana in 24-hour decentralized exchange (DEX) trading volume.
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Do Kwon Gets 15 Years in Prison for $40 Billion Terraform Fraud Terraform Labs Pte. co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the company’s $40 billion collapse in 2022 and triggered a series of cascading crises in the cryptocurrency world. Kwon, 34, was sentenced at a hearing Thursday in New York by US District Judge Paul Engelmayer, capping US efforts to prosecute the crypto entrepreneur after a legal fight to extradite him from Montenegro, where he was imprisoned for using a fake passport. He still faces fraud charges in his native South Korea. “This was a fraud on an epic generational scale,” Engelmayer told Kwon. “In the history of federal prosecutions very few cases have caused more monetary harm than you did.” Prosecutors had sought a 12-year sentence, saying Kwon’s lies to customers contributed to the “crypto winter” of 2022 and the failure of Sam Bankman-Fried’s FTX. Kwon’s lawyers asked for no more than five years, arguing his crimes were motivated not by greed but a desire to prop up Terraform’s TerraUSD stablecoin. The judge called that request “wildly unreasonable.” The case is US v. Kwon, 23-cr-0151, US District Court, Southern District of New York (Manhattan). #lunc #LUNA $LUNA $LUNC

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🚨 BREAKING: Terraform's Do Kwon Sentenced to 15 Years in Prison for Fraud $LUNC $LUNA $USTC #LUNC #LUNA

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🚨 JUST IN: Do Kwon pleads guilty to ‘conspiracy to defraud’ and ‘wire fraud’ over $40,000,000,000 #LUNA / #LUNC collapse. #TerraLunaClassic #DoKwon

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🚨 LIVE FROM COURT: Do Kwon, in a yellow prison jumpsuit, pleads guilty to Counts 1 & 4 in the $LUNA / Terra case. This marks a dramatic turn — and could tie directly into behind-the-scenes talks speculated with Trump’s $USTC links. 👀🔥 Judge Engelmayer confirms Do Kwon is waiving his right to trial. Age: 33. Calm demeanor. The plea could open doors for negotiated outcomes — and if Trump’s holdings are real, the political-crypto crossover gets very real. ⚖️ With Do Kwon’s guilty plea now official, the question isn’t just “what happens to him?” — it’s “what happens to $USTC & $LUNC TerraClassic?” Could this be the setup for a market shock and revival play? #TerraClassic #LUNC #TerraLunaClassic

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The decision regarding Do Kwon will be made on December 11, 2025. Do Kwon admitted to committing fraud between 2018 and 2022. He stated that he would adhere to the agreement made with the prosecution and that the signatures belong to him. Do Kwon faces a maximum of 12 years in prison and will pay a $19 million compensation penalty... The judge's decision will come on December 11, 2025. 🔔 We don’t know if this is the justice that investors affected by the LUNA and UST collapse deserve, but the legal process regarding Do Kwon is now coming to an end. After TFL is removed from the equation, $LUNC and $USTC will continue their journey freely. A new era is beginning. #LUNC✅ #USTC #terraClassicLunc #LUNA✅

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