Do Kwon Requests 5-Year Maximum Prison Term

Do Kwon Requests 5-Year Maximum Prison Term

Do Kwon is urging a five-year sentence as he takes responsibility for the Terra collapse, arguing prosecutors’ 12-year cap ignores key context.

Disgraced Do Kwon Asks For 5-Year Prison Term After Pleading Guilty In $40 Billion Terra Fraud Case

Lawyers for Terraform Labs’ founder Do Kwon are asking a US court to limit their client’s prison term to five years.

Do Kwon’s Lawyers Argue He Should Receive No More Than a 5-Year Prison Sentence

Terraform Labs co-founder Do Kwon requested a maximum 5-year prison term, citing “brutal” time served in Montenegro. In a strategic pivot, Kwon admitted to hiding Jump Trading’s role in the 2021 peg restoration, claiming he was pressured to keep it secret. Lawyers argue the $40B collapse was partly triggered by a “coordinated third-party attack,” citing Chainalysis data. Do Kwon, the architect of the $40 billion Terra-Luna collapse, has formally…

Do Kwon Requests Reduced Prison Sentence Ahead of TerraUSD Final Case Ruling

Do Kwon is asking a Manhattan judge to reduce his prison sentence to five years. TerraUSD collapse. His lawyers argue that due to the harsh conditions he endured during his detention in Montenegro, and also his agreement to surrender $19 million, he is taking responsibility. Do Kwon, the co-founder of Terraform Labs, is urging a Manhattan federal judge to give him a prison term of not more than five years due to his involvement in the collapse o…