Terra founder Do Kwon sentenced to 15 years in prison for fraud
A US court sentenced Terra founder Do Kwon to 15 years in prison, concluding one of the most significant fraud cases in the history of the crypto sector.
The ruling, issued on December 11, 2025, comes after Kwon's guilty plea earlier this year.
End of the 2022 Crypto Winter saga?
The sentence ends a legal saga of three years and seven months that began after the collapse of Terra's algorithmic stablecoin ecosystem in May 2022, which wiped out tens of billions in market value and triggered a cascade of bankruptcies across the crypto sector.