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Do Kwon sentenced to 15 years for Terra/Luna fraud

Terraform Labs founder Do Kwon has been handed 15 years in prison for his role in the $40B collapse of the Terra/Luna ecosystem.

No, the IRS is not forcing you to list all your crypto wallets

A photograph of a tax form fooled thousands of people on social media into thinking the IRS is demanding a list of everyone’s crypto wallets.

Major changes to IRS cost basis reporting requirements for crypto purchases are going into effect on January 1, 2026.

The US countered Do Kwon’s request for a five-year sentence by demanding 12 years prison time for the collapse of Terraform Labs.

Jerome Powell is finishing up his final months as chairman of the Federal Reserve. Donald Trump’s top pick is crypto bull Kevin Hassett.