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TerraUSD: South Korea 'cryptocrash king' Do Kwon jailed

2023-06-20 02:17
The collapse of the terraUSD stablecoin and the associated Luna token rocked cryptocurrency markets.
TerraUSD: South Korea 'cryptocrash king' Do Kwon jailed

Do Kwon, the cryptocurrency boss behind the $40bn (£31.3bn) collapse of the terraUSD and Luna tokens, has been sentenced to four months of jail in Montenegro.

Mr Kwon was found guilty of forging official documents.

He was arrested in March as he tried to board a flight to Dubai at Podgorica...