Crypto mogul Do Kwon sentenced to 15 years for fraud

Legit | 12-12-2025 02:12pm |

A US court sentenced cryptocurrency tycoon Do Kwon to 15 years in prison Thursday over fraud linked to his company's failure, which wiped out $40 billion of investors' money and shook global crypto markets. Kwon successfully marketed them as the next big thing in crypto, attracting billions in investments and global hype.

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