The Terra collapse case has finally come to a conclusion—founder Do Kwon has been sentenced to 15 years by the court.
Although he had long admitted guilt and cooperated with Terra's management team to handle subsequent matters, and his behavior during detention was also acceptable, the judge clearly felt that these were not enough. After all, the impact of this large-scale fraud was too severe, and a warning must be given to the industry.
The final verdict: 15 years behind bars.
LUNA, LUNC, USTC—once star projects—now only leave a trail of debris and countless investors' blood and tears as lessons. This case serves as a wake-up call to the entire crypto community—playing financial games ultimately cannot escape legal sanctions.
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HashBard
· 12-12 02:52
15 years for the architect of one of crypto's most catastrophic narrative collapses... honestly, the sentencing feels like watching a shakespearean tragedy where the tragic flaw wasn't just ambition, it was the willing suspension of disbelief from an entire community
The Terra collapse case has finally come to a conclusion—founder Do Kwon has been sentenced to 15 years by the court.
Although he had long admitted guilt and cooperated with Terra's management team to handle subsequent matters, and his behavior during detention was also acceptable, the judge clearly felt that these were not enough. After all, the impact of this large-scale fraud was too severe, and a warning must be given to the industry.
The final verdict: 15 years behind bars.
LUNA, LUNC, USTC—once star projects—now only leave a trail of debris and countless investors' blood and tears as lessons. This case serves as a wake-up call to the entire crypto community—playing financial games ultimately cannot escape legal sanctions.