Do Kwon Faces Record 40-year Sentence In South Korea

  • Do Kwon may face the longest-ever jail term in South Korean history if convicted for his involvement in the failed cryptocurrencies TerraUSD and Luna.
  • The South Korean prosecutor leading the investigation, Dan Sung-han, believes that extraditing Mr. Kwon to South Korea is the most efficient way to bring justice to investors.
South Korea is vying with U.S. prosecutors to extradite Mr. Kwon from Montenegro. If convicted, Do Kwon would likely face the most extended jail term for a financial crime in South Korean history, more than 40 years. South Korea may hold the upper hand in securing the extradition.