Do Kwon, Crypto Entrepreneur Who Caused 2022 Crash, Sentenced to 15 Years NYT | Top Stories Emmett Lindner and David Yaffe-Bellany 12 December 2025 at 06:18 Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud. © Risto Bozovic/Associated PressDo Kwon, a crypto entrepreneur who went on the run after the crash of two virtual currencies that he created, was escorted by Montenegro police in 2024.