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  • Crypto mogul Do Kwon sentenced to 15 years in prison for US$ 40 billion stablecoin fraud

    Do Kwon was sentenced to 15 years for orchestrating the US$40 billion collapse of Terraform Labs’ crypto ecosystem, labelled a massive fraud that devastated countless investors. Judge Engelmayer condemned the scheme’s human toll as victims detailed life-altering losses caused by Kwon’s deception and evasion

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