Event Brief
Dec 12, 2025 at 11:02 AM ET
Do Kwon sentenced to 15 years for fraud
By The BriefBrief
Do Kwon, co-founder of Terraform Labs, sentenced to 15 years for fraud after causing a $40bn loss in the crypto sector.
WHO: Do Kwon
WHAT: Sentenced to 15 years in prison for fraud
WHEN: Dec 11, 2025 at 7:00 PM ET
WHERE: United States
WHY: Guilty of conspiracy to defraud and wire fraud
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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