Questions about Do Kwon

Short answers, pulled from the story.

When was Do Kwon born and where did he attend university?

Do Kwon was born in Seoul, South Korea, on the 6th of September 1991. He earned a Bachelor of Science in Computer Science from Stanford University in 2015.

What happened to Terraform Labs and Luna cryptocurrency in May 2022?

The collapse began on the 7th of May 2022 when several prominent investors reportedly sold over $285 million worth of UST on Binance. The crash wiped out almost $45 billion of market capitalization in one week while Luna fell from an all-time high of $119.51 to virtually zero.

Why did prosecutors seek to invalidate Do Kwon's passport in June 2022?

Prosecutors sought to invalidate Kwon's South Korean passport because they believed he was hiding in Serbia which did not have an extradition treaty with South Korea. Authorities located him attempting to travel to Dubai using falsified Costa Rican documents and carrying falsified Belgian travel documents.

How long is Do Kwon sentenced to serve for his fraud charges?

On the 11th of December 2025, Do Kwon was sentenced to 15 years in prison after pleading guilty on two fraud charges in August 2025. He agreed to forfeit US$19 million as part of a plea deal before receiving this sentence.

What specific allegations were made regarding political funding in Montenegro?

Documents revealed on his confiscated laptop showed he allegedly backed Milojko Spajić with funds for an election where Spajić served as former minister of finance and social welfare in Montenegro. Kwon and his lawyers later denied these allegations regarding political funding.