Crypto Mogul Do Kwon Sentenced to 15 Years in Prison for $40 Billion Stablecoin Fraud
- by: The Associated Press
- 2025-12-13
- Source:
The Epoch Times
- 12/14/2025
NEW YORK—Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial technology whiz weaponized their trust to convince them that the investment—secretly propped up by cash infusions—was safe. Kwon, a Stanford graduate known by […]
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