The hammer dropped hard: 15 years behind bars for the architect of one of crypto's most catastrophic collapses. The mastermind behind Terra and Luna just learned his fate in a New York courtroom, convicted of orchestrating a scheme that wiped out roughly $40 billion in market value overnight.

Investors who watched their portfolios evaporate in May 2022 finally got their day in court. Prosecutors painted a damning picture—algorithmic stablecoin promises that unraveled like a house of cards, leaving retail traders holding worthless tokens while insiders allegedly cashed out.

This sentencing sends shockwaves through DeFi circles. It's a brutal reminder that innovation without accountability has consequences. Regulators worldwide are watching closely, and this case might just rewrite the playbook for how crypto projects face scrutiny going forward.