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Do Kwon Sentenced to 15 Years in Prison for Terra Stablecoin Collapse

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Do Kwon was sentenced to 15 years in prison on December 11, 2025, for his role in the Terra stablecoin collapse, which erased $40 billion in value. The judge dismissed the 5-year plea from Kwon’s defense, calling the fraud 'epic.' Prosecutors linked the crash to broader market turmoil, including FTX’s collapse. Kwon, who admitted guilt in August 2025, will serve half his sentence in the U.S. before possible transfer to South Korea. Traders are now eyeing altcoins to watch as on-chain data shows shifting market sentiment.
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