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Crypto mogul Do Kwon sentenced to fifteen years over  billion stablecoin crash
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Crypto mogul Do Kwon sentenced to fifteen years over $40 billion stablecoin crash

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Last updated: December 12, 2025 5:53 am
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Published: December 12, 2025
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US prosecutors on Thursday sentenced cryptocurrency entrepreneur Do Kwon to fifteen years in jail over fraud tied to the collapse of his firm, which erased about $40 billion in investor funds and rattled world crypto markets. Kwon pleaded responsible in New York after a world manhunt and nonetheless faces costs in South Korea.[/gpt3]

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