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US court sentences TerraUSD creator Do Kwon to 15 years for $40 bn crypto collapse

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By Firstpost-Tech

US court sentences TerraUSD creator Do Kwon to 15 years for $40 bn crypto collapse
Representative Image • Source: FP News Desk
Do Kwon, the South Korean cryptocurrency entrepreneur whose digital tokens collapsed and wiped out an estimated 40 billion dollars in 2022, has been sentenced to 15 years in prison in the United States for what the judge called an “epic fraud”.

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