Terraform Labs founder Do Kwon has been sentenced to 15 years in prison after a U.S. judge reviewed 315 harrowing victim impact letters detailing the catastrophic human toll of the $40 billion Terra ecosystem collapse. The letters, which U.S. District Judge Paul Engelmayer called “impactful,” described financial ruin, health crises, family breakdowns, and suicides directly linked to the 2022 downfall of UST and LUNA, framing the legal proceeding as a stark reckoning for crypto fraud.
about Do Kwon Sentenced to 15 Years as 315 Victim Letters Detail Terra Collapse Fallout