The Terra/Luna saga just hit another milestone. Do Kwon, the mastermind behind one of crypto's most spectacular collapses, is facing 15 years behind bars for deceiving investors who got wrecked in the meltdown.
This ruling sends a pretty clear message to the industry. Whether you're building the next big thing or running a multi-billion dollar protocol, accountability still matters. The investors who lost everything in Terra's implosion are finally seeing some form of justice, even if it doesn't recover their funds.
Wild how fast things can unravel in this space. One day you're on top of the world with a thriving ecosystem, the next you're facing serious prison time. Makes you wonder what other house-of-cards projects are still out there.
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ZenZKPlayer
· 16h ago
15 years, this guy is really ruthless. But to be honest, what's the probability that investors will get their money back...
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DeFiVeteran
· 12-12 04:25
Wow, I finally waited for this day. Do Kwon has been locked up, indeed.
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MEVictim
· 12-12 04:24
15 years? Bro, this time it's really a crash, but to be honest, it's deserved for those who got in. Poor retail investors who got cut.
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GhostAddressHunter
· 12-12 04:21
15 years? Man, you're really going to jail now, laugh out loud. Once the chosen one, now fallen to this. Sure enough, there are no eternal winners in the crypto world.
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DefiVeteran
· 12-12 04:21
15 years, this guy has to give up half his life, hilarious. Do Kwon was so arrogant back then, now he's in such a miserable state.
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just_vibin_onchain
· 12-12 04:17
Haha, finally someone paid the price. Although the hard-earned money can't be recovered, at least there's an explanation.
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GasFeeBeggar
· 12-12 04:12
15 years to learn a lesson, that group of Terra people really know how to court death in style, it's a bit satisfying
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MEVSupportGroup
· 12-12 04:04
Haha, finally waited for this day, 15 years, longer than my time in this circle.
The Terra/Luna saga just hit another milestone. Do Kwon, the mastermind behind one of crypto's most spectacular collapses, is facing 15 years behind bars for deceiving investors who got wrecked in the meltdown.
This ruling sends a pretty clear message to the industry. Whether you're building the next big thing or running a multi-billion dollar protocol, accountability still matters. The investors who lost everything in Terra's implosion are finally seeing some form of justice, even if it doesn't recover their funds.
Wild how fast things can unravel in this space. One day you're on top of the world with a thriving ecosystem, the next you're facing serious prison time. Makes you wonder what other house-of-cards projects are still out there.