US federal prosecutors are pushing for a 12-year prison term for Do Kwon, the mastermind behind Terraform Labs. The case centers on massive crypto fraud charges that shook the industry. Kwon's legal battle has drawn significant attention as authorities aim to set a precedent in prosecuting digital asset misconduct. The sentencing recommendation reflects the scale of investor losses and regulatory stance on cryptocurrency fraud.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
UnluckyLemurvip
· 13h ago
12 years? Who did this guy offend to get it this bad?
View OriginalReply0
GweiObservervip
· 13h ago
12 years? This guy basically wrecked the entire crypto space.
View OriginalReply0
FunGibleTomvip
· 13h ago
Oh my, 12 years—this guy is really going big.
View OriginalReply0
tokenomics_truthervip
· 13h ago
Do Kwon probably can’t escape these 12 years; so many people lost everything when Luna crashed.
View OriginalReply0
TopBuyerBottomSellervip
· 14h ago
12 years? This guy really blew up the whole ecosystem, he deserves to be punished.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)