[Do Kwon Sentenced to 15 Years in Prison in New York Court for Terra-Luna Collapse] According to @TheBlock__, Terraform Labs founder Do Kwon has been sentenced to 15 years in prison in a New York court on charges including fraud related to the collapse of the Terra-Luna ecosystem. U.S. District Judge Paul Engelmayer stated that Do Kwon "chose to lie" and "made the wrong choice." He was criminally indicted in March 2023 on charges including conspiracy to commit fraud, merchandise fraud, wire fraud, securities fraud, and conspiracy to manipulate the market and money laundering. He subsequently pleaded guilty to wire fraud and conspiracy to commit fraud in August 2024. Without a plea agreement, Kwon could face up to 135 years in prison if convicted on all nine counts.