Cryptonews.com
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09:04 Dec 06, 2025
Federal prosecutors are seeking a 12-year prison term for Terraform Labs co-founder Do Kwon, whose algorithmic stablecoin fraud triggered a $40 billion market collapse that prosecutors say contributed to broader crypto contagion including FTX's failure. The post Do Kwon Sentencing: US Wants 12 Years for Terra’s $40 Billion Crash appeared first on Cryptonews.