The TerraUSD scam: South Korean entrepreneur Do Kwon faces 15 year jail time; what was the 'epic fraud'?

Do Kwon, the creator of TerraUSD and Luna, received a 15-year prison sentence in the US. He misled investors about his digital tokens, causing billions in losses. Kwon admitted to fraud and conspiracy. His actions led to widespread turmoil in the crypto market. He expressed remorse for the victims' financial ruin.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xsjZcBJ