Crypto mogul Do Kwon gets 15 years in prison
Digest more
Traders have long sought the optimal time to trade crypto, and at different points over the years, European, US, and Asian time zones have all had their turn, offering the best returns. However, a newly proposed ETF now offers Bitcoin exposure with a twist.
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, is set to be sentenced in New York federal court on Thursday for fraud and conspiracy.
District Judge Paul Engelmeyer offered the Terraform Labs co-founder the chance to postpone his sentencing date, in light of hundreds of victim impact statements shared with the court in the past 24 hours.