Do Kwon person
Overview
Do Kwon (born 6 September 1991 in Seoul, South Korea) is the South Korean entrepreneur who co-founded Terraform Labs and created the Terra blockchain, the LUNA token and the algorithmic stablecoin TerraUSD (UST). He graduated from Stanford University with a computer science degree in 2015, worked briefly as a software engineer at Microsoft and Apple, and founded the mesh-networking startup Anyfi in 2016 before co-founding Terraform Labs with Daniel Shin in January 2018. Terra's UST kept its peg through arbitrage with LUNA rather than reserves, and demand was fuelled by the Anchor protocol's high advertised yield; LUNA peaked above $116 in April 2022. Starting 9 May 2022 UST lost its peg and LUNA fell from $119.51 to near zero within a week, erasing roughly $45 billion of market value. Kwon was arrested at Podgorica Airport in Montenegro on 23 March 2023 carrying forged documents, was sentenced to four months by a Montenegrin court in June 2023 for the fake passport, and was extradited to the United States on 31 December 2024. He pleaded guilty to two fraud charges in August 2025, agreed to forfeit $19 million, and was sentenced to 15 years in federal prison on 11 December 2025. Stanford CS 2015; Microsoft and Apple engineer; founded Anyfi 2016; co-founded Terraform Labs January 2018; LUNA/UST collapse May 2022; arrested in Montenegro 23 March 2023; extradited to the US 31 December 2024; guilty plea August 2025; 15-year sentence 11 December 2025.
Within the DeFi Intel graph, Do Kwon connects to 6 tracked entities, most strongly to Terraform Labs, Terraform Labs, Tether's $344 million USDT freeze linked to U.S. 'Economic Fury' against Iran regime.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
founded | Terraform Labs | 95% |
employs | Terraform Labs | 95% |
mentions | Tether's $344 million USDT freeze linked to U.S. 'Economic Fury' against Iran regime | 95% |
founded | Terra | 95% |
mentions | Jane Street dismisses insider trading allegations over role in $40bn Terra collapse as 'self-defeating' | 95% |
mentions | Jane Street asks US court to toss Terraform’s insider trading suit | 95% |
Frequently asked questions
What is Do Kwon?
Do Kwon is a person tracked in the DeFi Intel knowledge graph. It is connected to 6 other tracked entities, most strongly to Terraform Labs, Terraform Labs, Tether's $344 million USDT freeze linked to U.S. 'Economic Fury' against Iran regime.
What type of entity is Do Kwon?
Do Kwon is classified as a person (person) in the DeFi Intel knowledge graph.
What is Do Kwon connected to?
In the DeFi Intel knowledge graph, Do Kwon is linked to 6 other tracked entities, most strongly to Terraform Labs, Terraform Labs, Tether's $344 million USDT freeze linked to U.S. 'Economic Fury' against Iran regime.
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