South Korean crypto founder Do Kwon just got handed a 15-year prison sentence by a New York federal court. The charges? Fraud and conspiracy tied to the catastrophic collapse of his digital currencies back in 2022—a meltdown that wiped out roughly $40 billion in value. The ruling marks a significant moment in crypto accountability, as authorities continue cracking down on projects that leave investors holding the bag.
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SchrodingersPaper
· 4h ago
Do Kwon has finally been caught... Our crypto circle will have to take the blame once again.
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TokenomicsTrapper
· 11h ago
ngl saw this coming from a mile away—dude's contract mechanics were screaming exit pump from day one, but everyone was too busy counting their luna bags lmao
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SchrodingersFOMO
· 11h ago
Do Kwon finally got arrested. How many people did this guy ruin?
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RegenRestorer
· 11h ago
Damn, finally waiting for this day, Do Kwon should go in
South Korean crypto founder Do Kwon just got handed a 15-year prison sentence by a New York federal court. The charges? Fraud and conspiracy tied to the catastrophic collapse of his digital currencies back in 2022—a meltdown that wiped out roughly $40 billion in value. The ruling marks a significant moment in crypto accountability, as authorities continue cracking down on projects that leave investors holding the bag.