fromTheregister
4 hours agoCrypto-crasher Do Kwon jailed for 15 years
He also apologized. Prosecutors sought a 12-year sentence. On Thursday, Judge Paul Engelmayer of the Southern District of New York decided 15 years was more appropriate because Kwon's fraud was of "epic, generational scale." While US courts pursued Kwon, the Securities and Exchange Commission worked to wind up Terraform labs, and in 2024 secured $4.5 billion to share with creditors and authorities.
Miscellaneous