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The founder of Terra Do Kwon sentenced to 15 years in prison for fraud
A U.S. court sentenced Terra founder Do Kwon to 15 years in prison, thereby ending one of the most significant fraud cases in the history of cryptocurrencies.
The decision was issued on December 11, 2025, after Kwon pleaded guilty earlier this year.
The end of the 2022 cryptocurrency winter saga?
The ruling concluded a legal saga that lasted three years and seven months, which began after the collapse of Terra's algorithmic stablecoin system in May 2022, wiping out tens of billions in market value and triggering a series of collapses across the cryptocurrency sector.
The decision was issued on December 11, 2025, after Kwon pleaded guilty earlier this year.
The end of the 2022 cryptocurrency winter saga?
The ruling concluded a legal saga that lasted three years and seven months, which began after the collapse of Terra's algorithmic stablecoin system in May 2022, wiping out tens of billions in market value and triggering a series of collapses across the cryptocurrency sector.
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