权道亨的陨落

Core Points - The article discusses the sentencing of Do Kwon, the founder of Terraform Labs, to 15 years in prison for his role in the collapse of the $40 billion cryptocurrency project in 2022 [1][6] - Judge Paul A. Engelmayer highlighted the complexity of human nature, noting the contrast between Kwon's public persona and his private actions [2][6] - The judge received numerous letters from Kwon's friends and family, which portrayed him as a generous person, but ultimately, Kwon's actions led to a longer sentence than the prosecution's request [1][6] Group 1: Sentencing Details - Kwon was sentenced to 15 years, which is 3 years longer than the prosecution's request of 12 years [1][6] - The judge indicated that he could have imposed an even longer sentence [1][6] - The sentencing was based on Kwon's fraudulent actions, which were described as "shocking" and "despicable" [3][7] Group 2: Fraudulent Activities - Kwon was aware that his algorithmic stablecoin, TerraUSD, survived a market crash in May 2021 due to secret assistance from an external trading firm [3][7] - He chose to engage in fraud by lying to fans and investors about the stability of the token [3][7] - Victims of the fraud submitted 315 letters to the court, with some expressing suicidal thoughts after the collapse of Terra [3][7] Group 3: Defense and Financial Disclosure - The defense's decision not to disclose Kwon's financial statements was seen as detrimental to their case [4][8] - Kwon owes millions to the U.S. Securities and Exchange Commission, claiming he has no money to pay [4][8] - The defense attempted to draw parallels to other cryptocurrency figures who received pardons, emphasizing that Kwon's case lacked political lobbying [4][8] Group 4: Personal Reflections and Character - Kwon's letters to the court, including one to his daughter, were described as beautifully written and reflective of his character [1][9] - Family members portrayed him as someone who would not have engaged in fraud if he had intended to deceive from the start [9] - Kwon expressed regret for leading the community astray due to his arrogance, acknowledging his failures in a letter [5][9]