⚖️🎯 JUSTICE HAS BEEN SERVED❗
🗝🔒👮🏼 DO KWON SENTENCED TO 15 YEARS IN PRISON✔️ 🔐⛓🖇
😠 THE BIGGEST VILLAIN OF THE "CRYPTO WINTER" WILL PAY FOR THE BIGGEST SCAM IN THE HISTORY OF THE CRYPTOCURRENCY UNIVERSE💥
⚡IT WAS A HISTORIC SENTENCE
Do Kwon, co-founder of Terraform Labs, received 15 years in prison for fraud of $40-50 BILLION
📊 DEVASTATION
💸 $40-50 BILLION evaporated in 3 days (May/2022)
😱 16,500 confirmed victims
🔻 LUNA: $19 → $0 (99.9%!)
💰 Fine: $80 million
⚖️ SEC Settlement: $4.47 billion
🔥 ADMISSION
Kwon admitted to "consciously defrauding buyers of the TerraUSD stablecoin"
Lied that
❌ UST was stable
❌ Chai used Terra blockchain
❌ The system was secure
💀 DOMINO EFFECT
Terra = the first domino of the 2022 collapse, ending with the implosion of FTX
🎯 COMPARISON
🥇 SBF (FTX): 25 years
🥈 Do Kwon (Terra): 15 years
🥉 Mashinsky (Celsius): 12 years
Prosecutors: Kwon caused more losses than SBF + Mashinsky + Greenwood COMBINED
⚖️ DETAILS
✅ 15 years (greater than 12 requested)
✅ Credit 17 months Montenegro
✅ After 7.5 years → South Korea
⚠️ +40 years waiting in Korea!
💬 JUDGE ENGELMAYER
" Your fraud was exceptionally serious. You lied for 4 years... despicable because you betrayed trust"
🧠THE LESSONS
⚠️ "Too good to be true" = SCAM
💎 Transparency > Promises
📊 Due diligence ALWAYS
🚨 Regulation necessary
🔮 IRONY
$LUNA rose 40% with news ❗ 👀 $LUNC ✔️
But the market learned
✅ Legitimate + credible projects
✅ Cautious investors
✅ Attentive regulators
✅ End of the "wild west"
💡 THE MESSAGE
"To the next Do Kwon: if you defraud, you will lose your freedom for A LONG time" - Judge
The era of scammers IS OVER ⚖️
⚠️ The channel Leandro Fumão 🗣️ Reminds » This is an informative analysis » This is not financial advice » Always do your own research before investing..
