CoinOtag
2025-12-05 18:18:09

U.S. Prosecutors Seek 12-Year Sentence for Do Kwon in LUNA Collapse Case

U.S. prosecutors are seeking a 12-year prison sentence for Terraform Labs co-founder Do Kwon due to his role in the 2022 TerraUSD and LUNA collapse, described as one of the largest crypto frauds, causing billions in investor losses and market instability. Prosecutors argue the Terra fraud's impact surpasses scandals like FTX and Celsius, with losses [...]

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