Do Kwon May Be Sentenced To 40 Years In South Korean Prison

The prosecutor heading the probe into Do Kwon and Terraform Labs believes that Do Kwon may be handed a record 40 year prison sentence. The Terra founder could then be extradited to the US to face trial and serve a separate jail term if convicted.

Highlights

• A senior South Korean prosecutor believes that the Terra founder may spend most of his life behind bars.
• Do Kwon may have to face a separate jail term in the US after completing his sentence in South Korea.
• Dan Sunghan expects Kwon’s extradition from Montenegro to South Korea to take up to nine months.
• The prosecutor expects the disgraced founder to receive a record domestic sentence for a financial fraud case exceeding four decades.
• Kwon could then be extradited to the US to serve the remainder of his jail term if convicted on the charges filed by the U.S.
• Securities and Exchange Commission.

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