Crypto mogul Do Kwon gets 15 years in prison
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South Korean cryptocurrency tycoon Do Kwon was sentenced to 15 years in prison Thursday over fraud linked to his company's failure, which wiped out $40 billion of investors' money and
Bitcoin and Ethereum are holding steady, but derivatives data shows traders quietly raising their exposure. Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market value, traded in a narrow range on Friday.
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.