Terraform Labs co-founder Do Kwon faces 15-year U.S. term and possible 30-year sentence in South Korea

Terraform Labs co-founder Do Kwon has been sentenced to 15 years in a U.S. prison for wire fraud linked to the Terra-Luna collapse and could later face up to 30 additional years if convicted in South Korea. He may apply for transfer to South Korea after serving half of his U.S. term, where prosecutors have prepared a separate case tied to Capital Markets Act violations and large investor losses.