There are ongoing speculations that Do Kwon, the young crypto pioneer who was indicted in the 2022 TerraUSD/LUNA crash, will face trial in South Korea. Although this is highly dependent on whether he would be extradited to the Asian country. This speculation comes after he was recently sentenced to 15 years in prison in the United States.
Do Kwon and the International Prisoner Transfer Program Option
After about three years, Do Kwon is still caught in the web of the TerraUSD and Luna crash that led to an estimated $40 billion in investor losses.
This time around, there are talks about a possible trial and jail sentence in Korea. If he is extradited to Korea, the 34-year-old national may not be able to avoid this trial.
Noteworthy, he was sentenced to 15 years in a US prison a few days ago, following his admission that he was guilty of fraud and conspiracy charges.
Though he was liable to get up to 25 years’ jail sentence, the prosecution team recommended a 12-year prison
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