LEGENDkiller retweeted
Lost most of my net worth after the Terra Luna collapse — and I still think Do Kwon shouldn’t be in jail
People act like he forced anyone to invest
He marketed well, got greedy, and sharks exploited the mechanism
There should be special rules for crypto
Replying to @innercitypress
4:04 pm- they've back.
Judge Engelmayer: 5 years is entire off the table. Even 12 years might be unreasonable & here is why. The fraud you pled guilty to cost victims more than $40 billion. Even in SDNY, it's eye popping. There is a 25 year cap, so not life
Cool
Replying to @innercitypress
Judge Engelmayer: Don't give up hope. I wish you the best.
Do Kwon: Thank you, Your Honor.
LEGENDkiller retweeted
Do Kwon is my forever crypto hero
Idc what anyone says
He was one of the best founders this space has ever had, during a time when everything was a grey area (and still is)
If Trump can rug a memecoin, why should the founder of a revolutionary L1/stablecoin be in prison?
LEGENDkiller retweeted
*DO KWON GETS 15 YEARS IN PRISON FOR $40 BILLION TERRAFORM FRAUD
LEGENDkiller retweeted
JUST IN: Do Kwon gets 15 years in prison for $40 billion Terraform fraud.
LEGENDkiller retweeted
🚨 TODAY: Terraform Labs co-founder Do Kwon has been sentenced to 15 years in prison after pleading guilty to fraud conspiracy in the $40B TerraUSD collapse.
LEGENDkiller retweeted
DO KWON SHOULD HAVE REPRESENTED HIMSELF!
(law firm was utterly useless anyone who uses them is a fool. i will be saying more on this in coming days)
$LUNA
LEGENDkiller retweeted
Since some dorks are talking about $40 billion vanished while $LUNA collapsed
Just saying: The Federal Reserve can print $40 billion in a single month through quantitative easing programs
LEGENDkiller retweeted
BREAKING: Terra founder Do Kwon sentenced to 15 years in prison — above the 12 years prosecutors agreed to argue for in Kwon’s plea agreement
The judge still agreed to support a transfer to South Korea after 50% of the U.S. sentence is served
LEGENDkiller retweeted
JUST IN: Terra Luna Founder Do Kwon officially sentenced to 15 years in prison.
LEGENDkiller retweeted
UPDATE: Do Kwon has exited the courtroom after Judge Engelmayer breaks for lunch with final sentencing expected this afternoon
This has been one of the weirder crypto sentencings I've covered and definitely more strange than Mashinsky's or SBF. Here's what happened in court 🧵
LEGENDkiller retweeted
Wow 👀
Replying to @innercitypress
St. John: I reached out to Mr. Kwon after his "steady lads" post - he told me, Get out what you can. It was too late. The new token airdrop, we got nothing due to a calculation error. Broken trust. Do Kwon supported Angel Protocol with $300,000























