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The founder of Terraform Labs was sentenced today for lying about “experimental” coins that blew a $40 billion hole in the crypto economy.

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Toby Walters is a financial writer, investor, and lifelong learner.

Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud.

Do Kwon receives 15 years in prison for his role in the Luna crash sentencing, following the $40B collapse of the Terra ecosystem.

Kwon, who co-founded Terraform Labs and developed the TerraUSD and Luna currencies, pleaded guilty and admitted misleading investors.

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 ...

Answer: This answer is excerpted from a MarketingProfs.com article by Ford Kanzler that you can read in its entirety here. Without direction or focus, a business or organization often acts like a ...

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