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According to senior prosecutor Dan Sunghan, Kwon could spend most of his life behind bars. Initially, he’d be spending jail-time in South Korea, and then be sent to the U.S. to serve his Former Terraform Labs CEO Do Kwon, once a celebrated figure in the cryptocurrency world, now faces a maximum sentence of 130 years in prison and a tougher Do Kwon, the disgraced founder of the Terra LUNA ecosystem, which crashed last year in a $40 billion erosion of investors’ wealth, is likely to spend most of his life in the Ever since his arrest, both South Korea and the U.S. regulators have requested Kwon’s extradition in connection with the collapse of his multi-billion dollar crypto If convicted, he could spend up to 130 years in prison. The Department of Justice (DOJ) alleged that Kwon orchestrated one of crypto’s most complex fraudulent

Terra Founder Do Kwon: Could He Spend Most of His Life in Jail? Seoul Prosecutor Weighs In

The fate of Do Kwon, the disgraced founder of the Terra LUNA ecosystem, hangs in the balance. Ever since his arrest, both South Korea and the U.S. regulators have requested Kwon’s extradition in connection with the collapse of his multi-billion dollar crypto, which crashed last year in a $40 billion erosion of investors’ wealth.

According to senior prosecutor Dan Sunghan, Kwon could spend most of his life behind bars. If convicted, he could spend up to 130 years in prison. The Department of Justice (DOJ) alleged that Kwon orchestrated one of crypto’s most complex fraudulent schemes.

Former Terraform Labs CEO Do Kwon, once a celebrated figure in the cryptocurrency world, now faces a maximum sentence of 130 years in prison and a tougher reality than he likely ever imagined. Do Kwon, the disgraced founder of the Terra LUNA ecosystem, is likely to spend most of his life in jail.

Initially, he’d be spending jail-time in South Korea, and then be sent to the U.S. to serve his sentence. The legal battles continue as authorities work to determine the full extent of his alleged crimes and bring him to justice.

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