US Prosecutors: Do Kwon Should Be Sentenced to 12 Years in Prison
Foresight News reported, according to Bloomberg, that U.S. prosecutors stated Do Kwon should be sentenced to 12 years in prison for the fraudulent actions that led to the collapse of the TerraUSD stablecoin in 2022, resulting in losses of $40 billions. Do Kwon will be sentenced by U.S. District Judge Paul Engelmayer on December 11.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gnosis hard fork to return stolen Balancer funds sparks controversy
The capacity of the Bitcoin Lightning Network has reached a record high
The total net inflow of US XRP spot ETFs in a single day reached $18.99 million.
