The judge presiding over Do Kwon's sentencing in the U.S. District Court for the Southern District of New York has asked both the prosecution and defense for clarification on several key points: * South Korean Sentence: The judge inquired about the charges and the maximum and minimum sentences Do Kwon could face in South Korea concerning his role in the 2022 collapse of Terraform Labs. * Do Kwon is a citizen of South Korea and is expected to be extradited there after serving any U.S. sentence to face criminal charges. * His defense team has argued that South Korean prosecutors are seeking a potential prison term of up to 40 years in his native country. * Time Served in Detention: The judge also specifically asked whether there was an agreement that "none of Mr. Kwon's time in custody in Montenegro" would be credited toward any U.S. prison sentence. * Kwon served a four-month sentence in Montenegro for using falsified travel documents. Sentence Recommendations * U.S. Prosecutors have recommended a sentence of 12 years in prison. * Do Kwon's Defense lawyers have requested a sentence of no more than five years, arguing that he has already served nearly three years locked up, with a significant portion of that time spent in challenging conditions in Montenegro. The judge's inquiries suggest a consideration of the interconnected legal proceedings, as the defense has noted that even if the judge were to sentence Kwon to time served, he would "immediately reenter pretrial detention" for his criminal charges in South Korea. Would you like to know more about the charges Do Kwon pleaded guilty to in the U.S. or the specific financial penalties he agreed to?
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The judge presiding over Do Kwon's sentencing in the U.S. District Court for the Southern District of New York has asked both the prosecution and defense for clarification on several key points:
* South Korean Sentence: The judge inquired about the charges and the maximum and minimum sentences Do Kwon could face in South Korea concerning his role in the 2022 collapse of Terraform Labs.
* Do Kwon is a citizen of South Korea and is expected to be extradited there after serving any U.S. sentence to face criminal charges.
* His defense team has argued that South Korean prosecutors are seeking a potential prison term of up to 40 years in his native country.
* Time Served in Detention: The judge also specifically asked whether there was an agreement that "none of Mr. Kwon's time in custody in Montenegro" would be credited toward any U.S. prison sentence.
* Kwon served a four-month sentence in Montenegro for using falsified travel documents.
Sentence Recommendations
* U.S. Prosecutors have recommended a sentence of 12 years in prison.
* Do Kwon's Defense lawyers have requested a sentence of no more than five years, arguing that he has already served nearly three years locked up, with a significant portion of that time spent in challenging conditions in Montenegro.
The judge's inquiries suggest a consideration of the interconnected legal proceedings, as the defense has noted that even if the judge were to sentence Kwon to time served, he would "immediately reenter pretrial detention" for his criminal charges in South Korea.
Would you like to know more about the charges Do Kwon pleaded guilty to in the U.S. or the specific financial penalties he agreed to?