A former crypto entrepreneur who was behind two digital currencies that collapsed and lost an estimated $40bn (29.9bn) has been sentenced by a New York judge to 15 years in prison for an "epic" fraud.

Do Kwon gets 15 years for crypto crimes, even longer than prosecutors had asked for. from @joelkhalili.bsky.social and @carolinehaskins.bsky.social

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-- Brian Barrett (@brbarrett.bsky.social) Dec 11, 2025 at 5:34 PM