Overview

Generational fraud, SDNY Judge Engelmayer called it. Bigger that SBF, Mashinsky or OneCoin's Sebastian Greenwood (of whose sentencing memos Inner City Press won unsealing), the US Attorney's Office said. Never enough punishment, some of the victims said. A set-up, supporters still maintained, even after sentencing. This is that story, of the indictment, guilty plea and sentencing of Do Kwon of Terra Labs and Luna. CZ got a pardon; SBF is still waiting in US prison, with Do Kwon now bound halfway through to South Korea. Roman Storm awaits sentencing, the Peraire-Buenos await retrial. Meanwhile after the GENIUS Act, a crypto market structure bill inches forward in Congress. This is that story

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