According to the US prosecution, Do Kwon) should be sentenced to 12 years in prison for the fraud that led to the collapse of the TerraUSD stablecoin in 2022 and the loss of 40 billion US dollars. Kwon Do-hyung pleaded guilty to conspiracy and telecom fraud in August. The prosecution agreed to request a sentence of not more than 12 years in accordance with the plea agreement.

According to the US prosecution, Do Kwon) should be sentenced to 12 years in prison for the fraud that led to the collapse of the TerraUSD stablecoin in 2022 and the loss of 40 billion US dollars. Kwon Do-hyung pleaded guilty to conspiracy and telecom fraud in August. The prosecution agreed to request a sentence of not more than 12 years in accordance with the plea agreement.