Do Kwon was just sentenced to 15 years for fraud and manipulation. The statement from the U.S. Attorney's Office, Southern District of New York, is eye-opening on the magnitude of the $40B fraud. Highly recommend reading it! Key highlights: - Market manipulation through trading bots - Propped up re-peg of UST via secret deal with an undisclosed trading firm - Fake transactions on the Chai blockchain while real ones occurred off-chain - No Chinese walls; full control over both the foundation and protocol apps like Mirror(Ξliézer Ndinga)