CoinOtag
2025-12-06 07:45:13

Do Kwon Faces Up to 12 Years for TerraUSD Collapse as Sentencing Nears

Do Kwon faces a potential 12-year prison sentence for his role in the 2022 TerraUSD collapse that erased $40 billion in value. U.S. prosecutors seek the maximum under his plea deal, while Kwon's defense requests only five years, highlighting the fraud charges he pleaded guilty to. U.S. prosecutors demand 12 years for Do Kwon due [...]

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