Do Kwon's sentence suspended: the defense contests the 12 years requested by federal authorities

December 11th is fast approaching, and Do Kwon’s legal fate will be sealed during this decisive hearing before federal judge Paul Engelmayer. U.S. prosecutors are demanding a 12-year prison sentence, a duration that Kwon’s legal team clearly considers disproportionate to the charges.

The Defense Strategy: Three Years of Detention and Millions Confiscated

Do Kwon’s lawyers have presented an argument aiming for a significant reduction, proposing a sentence of only 5 years. Their plea relies on several factors: nearly three years already spent in pre-trial detention constitute a substantial penalty, especially since part of this period was spent in Montenegro under extremely harsh prison conditions. Additionally, Kwon’s acceptance of the confiscation of over $19 million in assets demonstrates partial cooperation with U.S. authorities.

A Complex Case on an International Scale

Do Kwon’s situation is part of a much broader judicial context. In South Korea, authorities are also pursuing Terraform Labs’ founder with a much harsher demand: a 40-year prison sentence. This accumulation of legal actions highlights the scale of the Terraform crisis and its global repercussions on victims of the Luna-UST ecosystem collapse.

The December 11th verdict will mark a decisive turning point, but Do Kwon’s full legal trajectory remains uncertain, especially with ongoing proceedings in Southeast Asia.