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Three years on from that Terra founder interview—the one following the $40 billion collapse—we posed a question: was this crypto's Elizabeth Holmes moment?
Yesterday's sentencing brought an unexpected verdict. The judge ruled Do Kwon operates in a different league than both Holmes and SBF. Yet the irony stings: despite that distinction, he received a sentence three years longer than Holmes faced.
The courtroom drama underscores a harsh reality in crypto's reckoning phase. Size of collapse, circumstances of the case, and regulatory response each carve their own path through the justice system. The numbers don't always align with the comparisons.