šØ Breaking Crypto News:
#DoKwon Sentenced to 15 Years in Prison for the $40 Billion Terra-Luna Collapse
The U.S. court has officially sentenced Terraform Labs founder Do Kwon to 15 years behind bars after he pleaded guilty to misleading investors and causing one of the biggest crashes in crypto history.
š„ What Happened?
Do Kwon admitted he misled investors about TerraUSDās stability.
The TerraUSD + LUNA crash in 2022 wiped out over $40 BILLION in value.
Millions of investors worldwide suffered massive losses.
āļø The Verdict
Prosecutors called it a āgenerational fraudā.
Judge handed him a 15-year federal prison sentence ā tougher than expected.
Kwon also faces further legal action in South Korea.
š Why This Matters
This case will shape the future of crypto regulations, stablecoins, and investor protection.
The Terra-Luna collapse wasnāt just a market crash ā it changed the direction of the entire crypto industry.
š¬ What do you think?
Was this punishment justified or too harsh?
Comment below š
