US EditionUS judge asks for clarification on Do Kwon’s foreign charges
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9 Articles
Judge Paul A. Engelmayer asked prosecutors and defense for further clarification before sentencing Do Kwon for the collapse of Terraform Labs, an event that was one of the hardest hits on the cryptic market in recent years. *** The judge wants to know if the victims will be able to share their testimony before sentencing. Prosecutor’s Office asked for 12 years in prison and the defense considers five to be sufficient. It is also discussed whethe…
The pressure rises before Do Kwon's next conviction in the United States while a federal judge examines how his convictions are related to the ongoing cases in South Korea and Montenegro. The court seeks to clarify the situation before deciding how long the co-founder of Terraform Labs will remain in custody in the United States and whether his time abroad should be taken into account in the final sentence. The Do Kwon article: An American judge…
Key Points of the News: Federal Judge Paul Engelmayer has requested details about the maximum charges and sentences that Do Kwon faces in South Korea and Montenegro. Kwon pleaded guilty to two serious crimes (electronic fraud and conspiracy to defraud) and will be sentenced on Thursday. The central concern is the credit for the time served and the possibility of an early release in South Korea, where he could face up to 40 years in prison. The c…
Kwon faces US sentencing as judge probes South Korea penalties
Terraform Labs co‑founder Do Kwon is scheduled to be sentenced on Thursday, December 11, after pleading guilty to two felony charges. In preparation for the sentence ruling, a US District Court for the Southern District of New York, Judge Paul Engelmayer has requested more information about the legal issues that Kwon encountered in his home country of South Korea and in Montenegro. This request was made public after a US federal judge shared a …
Judge Probes Do Kwon’s South Korea Charges Ahead of US Sentencing
What Is the Judge Asking Before Do Kwon’s Sentencing? Do Kwon is scheduled to be sentenced on Thursday in New York after pleading guilty to two felony counts, but the presiding judge is pressing prosecutors and defense attorneys for clarity on what awaits him in South Korea. In a filing on Monday, US District Judge Paul Engelmayer asked both sides to spell out the charges, as well as the “maximum and minimum sentences” Kwon could face if extradi…
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