⚖️Do Kwon Judgment Countdown: U.S. Prosecution Requests 12-Year Sentence, Admission of Two Charges Becomes Key
According to BlockBeats, Terraform Labs founder Do Kwon will face a crucial judgment moment in Manhattan court on December 11. The U.S. prosecution has formally requested the court to sentence him to 12 years in prison, citing that he has pleaded guilty to some of the charges.
At a previous hearing presided over by U.S. District Judge Paul Engelmayer in the Southern District of New York, Do Kwon pleaded guilty to two charges of conspiracy to commit fraud and wire fraud. However, it is noteworthy that in January of this year, he pleaded not guilty to nine charges, including securities fraud, indicating a significant shift in his stance.
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