TerraUSD Founder Do Kwon Jailed After $40B Crypto Collapse
- Posted on December 22, 2025
- By International Business Times
- 2 Views
TerraUSD Founder Do Kwon Jailed After $40B Crypto Collapse

Cryptocurrency King Do Kwon was sentenced to 15 years in prison after his TerraUSD stablecoin and Luna cryptocurrency crashed overnight in 2022, triggering a $40 billion market crash that wiped out investor money.