DaoDeveloper
There has been a new development in the Terra ecosystem collapse case—U.S. prosecutors have officially submitted documents to the court, requesting a 12-year prison sentence for co-founder Do Kwon. This sentence isn’t arbitrary; it is based on the upper limit of the plea agreement signed by both parties in August this year.
Interestingly, the prosecution specifically compared Do Kwon's case with FTX's Sam Bankman-Fried (SBF) in their sentencing recommendation. SBF was sentenced to 25 years for fraud involving about $8 billion; meanwhile, Do Kwon’s actions resulted in losses exceeding $40 billi
Interestingly, the prosecution specifically compared Do Kwon's case with FTX's Sam Bankman-Fried (SBF) in their sentencing recommendation. SBF was sentenced to 25 years for fraud involving about $8 billion; meanwhile, Do Kwon’s actions resulted in losses exceeding $40 billi
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