- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Do Kwon: Sentencing for Involvement in TerraUSD Stablecoin Collapse Fraud Should Not Exceed Five Years
By: theblockbeats.news|2025/11/27 16:45:53
0
Share
BlockBeats News, November 27th, according to Bloomberg, Terraform Labs Pte. co-founder Do Kwon stated that he should not be sentenced to more than five years in the U.S. for his involvement in the 2022 $40 billion TerraUSD stablecoin collapse-related fraud case.
Kwon pleaded guilty in August to conspiracy and wire fraud charges, thus avoiding a trial. He was previously arrested in Montenegro and convicted of using a fake passport as a fugitive from South Korean charges, before being extradited to the United States.
You may also like
From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC
Profit margins nearing the red line, miners are starting to use Bitcoin as fuel.
How Can Agentic Commerce Empower AI to Start Making Money?
The first wave of moneymaking AIs has arrived, which projects are worth paying attention to
February Correction: Is the Crypto Market Bottoming Out?
Based on historical experience, the most intense phase of this downturn may be about to end.
AI Payments Through the Lens of Fintech Giants: Five Levels, Stablecoin Infrastructure, Next-Gen Globalized Commerce
Stripe took fifteen years to turn seven lines of code into a business empire that powers 1.6% of the global GDP. Its next move is to define the next generation of global business rules.
Zuckerberg Retweets Stablecoin, Can Meta Win This "Comeback Game"?
Compared to the Libra era of 2019 when it attempted to disrupt the global financial system, the 2026 Meta is demonstrating a more stable and compliance-oriented approach.
Polymarket New Rule Release: How to Build a New Trading Bot
In 2026, a truly winning trading Bot is not the fastest taker, but the most excellent liquidity provider
Bitwise: The Institutional Wave is Here, So Why is the Market Still Sleeping?
There is a significant gap between the perceived cryptocurrency market and the actual cryptocurrency market.
WEEX LALIGA Partnership 2026: Where Football Excellence Meets Crypto Innovation
WEEX becomes official crypto exchange partner of LALIGA in Hong Kong and Taiwan. Discover how this partnership brings together football excellence and trading discipline.
AI Apocalypse, a massive short squeeze
AI is not the doomsday prophecy, but the dawn of a new era of abundance stemming from the collapse of cognitive cost.
The "Second Truth" of the Luna Crash: Jane Street Exits Ahead of Plunge
In the cryptocurrency industry that touts "decentralization," true asymmetry may have never disappeared.
Jane Street Market Manipulation, Stripe Considering Acquiring PayPal, What's the Overseas Crypto Community Talking About Today?
What Was Trending for Expats in the Last 24 Hours?
WEEX × LALIGA 2026: Trade Crypto, Take Your Shot & Win Official LALIGA Prizes
Unlock shoot attempts through futures trading, spot trading, or referrals. Turn match predictions into structured rewards with BTC, USDT, position airdrops, and LALIGA merchandise on WEEX.
a16z: Why Do AI Agents Need a Stablecoin for B2B Payments?
Smart contracts will be more like corporate entities, forming long-term relationships with their vendors and partners.
February 24th Market Key Intelligence, How Much Did You Miss?
1. On-chain Funds: $172.4M inflow to Ethereum this week; $233.9M outflow from Arbitrum
2. Highest Price Variation: $ESP, $MYX
3. Top News: AC's "Never Rekt" new project Flying Tulip has experienced a rug pull, currently priced at $0.0989
Web4.0, perhaps the most needed narrative for cryptocurrency
What is Justin Sun's All-in Web4.0 Vision?
Some Key News You Might Have Missed Over the Chinese New Year Holiday
On the day of commencement, should we go long or short?
Key Market Information Discrepancy on February 24th - A Must-Read! | Alpha Morning Report
1. Top News: Tariff Uncertainty Returns as Bitcoin Options Market Bets on Downside Risk
2. Token Unlock: $SOSO, $NIL, $MON
$1,500,000 Salary Job: How to Achieve with $500 AI?
The Essence of Agentification: Use algorithms to replicate your judgment framework, replacing labor costs with API costs.
From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC
Profit margins nearing the red line, miners are starting to use Bitcoin as fuel.
How Can Agentic Commerce Empower AI to Start Making Money?
The first wave of moneymaking AIs has arrived, which projects are worth paying attention to
February Correction: Is the Crypto Market Bottoming Out?
Based on historical experience, the most intense phase of this downturn may be about to end.
AI Payments Through the Lens of Fintech Giants: Five Levels, Stablecoin Infrastructure, Next-Gen Globalized Commerce
Stripe took fifteen years to turn seven lines of code into a business empire that powers 1.6% of the global GDP. Its next move is to define the next generation of global business rules.
Zuckerberg Retweets Stablecoin, Can Meta Win This "Comeback Game"?
Compared to the Libra era of 2019 when it attempted to disrupt the global financial system, the 2026 Meta is demonstrating a more stable and compliance-oriented approach.
Polymarket New Rule Release: How to Build a New Trading Bot
In 2026, a truly winning trading Bot is not the fastest taker, but the most excellent liquidity provider
App