NEW YORK — Terraform Labs co-founder Do Kwon was sentenced to 15 years in prison on Wednesday for his role in a massive fraud that saw roughly $50 billion wiped from the crypto ecosystem over the ...
(Bloomberg) -- Terraform Labs Pte. co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the company’s $40 billion collapse in 2022 and triggered a ...
Bankrupt crypto firm Terraform Labs faces its Chapter 11 bankruptcy reorganization hearing on Sept. 19. The outcome of the hearing will play a crucial role in determining the company’s future.