🚨 Do Kwon Seeks Shorter Sentence Amid Terraform Collapse Fallout
Terraform Labs co-founder Do Kwon is asking for a 5-year sentence, while U.S. prosecutors call the $LUNA / TerraUSD crash a “colossal fraud” that shook the entire crypto ecosystem. 🌐
Prosecutors push for 12 years, citing billions lost and shattered confidence in algorithmic stablecoins. Kwon’s team argues he’s already paid a heavy price with nearly 3 years in harsh detention.
His sentencing could set a major precedent for crypto fraud accountability. ⚖️
