Crypto Founder Sentenced to 15 Years Over $40bn Stablecoin Collapse
A New York court has sentenced disgraced cryptocurrency entrepreneur Do Kwon to 15 years in prison for his role in the dramatic collapse of two digital assets that wiped out an estimated $40bn (£29.9bn) in value. Kwon, a South Korean national and co-founder of Singapore-based Terraform Labs, helped create the TerraUSD and Luna tokens, whose…