Terraform Founder Gets 15 Years For 'Epic' $40B Crypto Scam

By Pete Brush · December 11, 2025, 5:15 PM EST

A Manhattan federal judge hit Terraform founder Do Kwon with a 15-year prison sentence Thursday, saying he caused "real people to lose $40 billion in real money" as he orchestrated a...

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Documents

Case Information

Case Title

USA v. Kwon

Case Number

1:23-cr-00151

Court

New York Southern

Nature of Suit

Date Filed

March 23, 2023