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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.

Discover the top 10 countries launching major crypto tax incentives in 2026, boosting global blockchain adoption and investor opportunities.

Onetime cryptocurrency mogul Do Kwon has been sentenced to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said Thursday that the 34-year-old financial technology whiz weaponized their trust to convince...

Today's Business Headlines 12/11/25

Do Kwon of South Korea had developed TerraUSD and Luna, which lost an estimated $40 billion.

Onetime cryptocurrency mogul Do Kwon has been sentenced to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said Thursday that the 34-year-old financial technology whiz weaponized their trust to convince...

Onetime cryptocurrency mogul Do Kwon has been sentenced to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said Thursday that the 34-year-old financial technology whiz weaponized their trust to convince...

Onetime cryptocurrency mogul Do Kwon has been sentenced to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said Thursday that the 34-year-old financial technology whiz weaponized their trust to convince...

Onetime cryptocurrency mogul Do Kwon has been sentenced to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said Thursday that the 34-year-old financial technology whiz weaponized their trust to convince...

Cryptocurrency mogul Do Kwon has been sentenced to 15 years in prison after a $US40 billion crash revealed his crypto ecosystem to be a fraud.

(MENAFN - Newsroom Panama)Guest Contribution – Blockchain technology and cryptocurrency have revolutionized the FinTech industry. This revolution has spilled over into other digital industries, ...

(MENAFN - Newsroom Panama)Guest Contribution – A recent report titled–December's Crypto Market Whale Chronicles– has garnered widespread attention in the industry. The report points out that on ...