One-time cryptocurrency mogul Do Kwon was sentenced on Thursday to 15 years in prison after a US$40 billion crash revealed his crypto ecosystem to be a fraud.
Victims said the 34-year-old financial technology whiz weaponised their trust to convince them that the investment – secretly propped up by cash infusions – was safe.
Kwon, a Stanford graduate known by some as “the cryptocurrency king”, apologised after listening as victims – one in court and others by telephone – described the scam’s…
