‘Crypto king’ Do Kwon faces sentencing for misleading Terraform Labs’ investors

Cryptocurrency mogul Do Kwon is scheduled to be sentenced Thursday for misleading investors who lost billions when his company’s crypto ecosystem collapsed in 2022. Kwon, known by some as “the cryptocurrency king,” pleaded guilty in Manhattan federal court in August to fraud charges stemming from Terraform Labs’ $40 billion crash. The company had touted its TerraUSD as aContinueContinue reading “‘Crypto king’ Do Kwon faces sentencing for misleading Terraform Labs’ investors”

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