Do Kwon, founder of TerraUSD and Luna, was on Thursday (Dec 11) sentenced to 15 years in a US federal prison over the US$40 billion collapse of his cryptocurrencies. The 34-year-old co-founder of Singapore-based Terraform Labs, which developed the cryptocurrencies, will also pay an US$80 million civil penalty and still faces charges in South Korea. #usnews #usa #sgnews #singapore | CNA
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