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Crypto Magnate Do Kwon Sentenced to 15 Years in Prison

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South Korean crypto entrepreneur and prosecuted fraudster Do Kwon was sentenced to 15 years in prison by a US federal judge in the Southern District of New York on Thursday.

Kwon cut a solemn figure as he was escorted into the courtroom by US Marshals, his head bowed, his cheeks sunken as if he’d lost a significant amount of weight. He wore a bright lemon-colored prison jumpsuit over a long-sleeve shirt, with cuffs around his waist and hands.

In August, Kwon pleaded guilty to defrauding investors who…

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