Do Kwon was sentenced to 15 years in prison yesterday. The judge imposed a sentence higher than that proposed by the prosecutor. Do Kwon admitted that he was fully aware of participating in a fraudulent scheme and had indeed defrauded those who purchased the TerraUSD (UST) stablecoin.
This concludes a very chaotic chapter of crypto during the period of 2020–2021. Many figures who were once considered crypto heroes at that time are now behind bars.
- SBF (FTX): 25 years
- Do Kwon (Luna Terra UST): 15 years
- Alex Mashinsky (Celsius): 12 years
- Ryan Salame (FTX): 7.5 years
- Caroline Ellison (Alameda): 2 years


