[Do Kwon Sentenced to 15 Years in Prison for $40 Billion Terra-Luna Collapse] According to reports from Jinse Finance, Terraform Labs founder Do Kwon has been sentenced to 15 years in prison by the Southern District Court of New York for the Terra-Luna collapse in 2022, which resulted in the evaporation of $40 billion. The sentence exceeds the 12 years previously proposed by the prosecution. Prosecutors accused Kwon of repeatedly misleading investors and concealing serious structural flaws in the mechanism between the algorithmic stablecoin TerraUSD and Luna, triggering a chain reaction of collapses in the crypto industry. The judge stated in court that Kwon 'chose to lie' and 'made the wrong choices.'