Add Yahoo as a preferred source to see more of our stories on Google. Do Kwon may serve the second half of his 15-year prison sentence in South Korea. Illustration: Darren Joseph Do Kwon, the brash ...

The Department of Justice is asking a federal judge to sentence Do Kwon to 12 years in prison—the maximum sentence prosecutors reserved the right to pursue after the Terra founder pleaded guilty this ...

U.S. District Judge Paul A. Engelmayer, who pronounced the sentence, slammed Kwon for repeatedly deceiving investors who had invested their life savings with him, according to Reuters. The judge ...

NEW YORK — Terraform Labs co-founder Do Kwon will wait a little longer than expected to find out how much time he will serve in prison for orchestrating a massive crypto fraud that wiped roughly $50 ...

・Kwon pleaded guilty to two fraud counts after prosecutors reduced a broader nine-count indictment. ・Victims testified about heavy financial losses from TerraUSD’s collapse. ・He must serve half his ...

Terraform Labs co-founder Do Kwon asked a US judge to cap his prison time at five years for his role in the collapse of the Terra ecosystem, which erased about $40 billion from crypto markets in 2022.

The U.S. Department of Justice is urging a federal judge to impose a full 12-year prison sentence on Terra founder Do Kwon, citing the scale of the multibillion-dollar fraud that triggered one of ...

South Korea and the US have squabbled over who will get to prosecute Kwon since the fugitive was arrested in Montenegro last year. South Korea and the US have squabbled over who will get to prosecute ...

Montenegro’s High Court said former cryptocurrency mogul Do Kwon should be handed over to his native South Korea rather than the US for prosecution over the $40 billion collapse of the TerraUSD stable ...

The next hearing in the US government’s case against Terraform Labs co-founder Do Kwon has been delayed until April after prosecutors said they found another four terabytes of evidence. A Manhattan ...