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Do Kwon’s Sentencing Hearing Drags on as Court Weighs Mountain of Victim Testimony

Summary by Coin Desk
District Judge Paul Engelmeyer offered the Terraform Labs co-founder the chance to postpone his sentencing date, in light of hundreds of victim impact statements shared with the court in the past 24 hours.

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The co-founder of Terraform Labs continues to wait for his sentence in New York, but a further delay was announced due to hundreds of statements of victims handed over at the last minute, some with rather emotional testimonies that show the serious financial damage caused to those affected by what happened with Terra and LUNA. *** Judge Paul Engelmeyer rebuked the prosecution for sending 315 statements of victims just 24 hours before the hearing…

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crypto.news broke the news in on Thursday, December 11, 2025.
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