Ten Reasons Why Do Kwon Wants Only Five Years in Prison
Terraform Labs co founder Do Kwon is asking a US court to limit his sentence to five years as he prepares for judgment in the United States and a separate case in South Korea. His request is based entirely on the details presented in the recent court filing. Below are the ten reasons he argues in support of this request.
Ten Reasons Why Do Kwon Wants Only Five Years in Prison
- He believes a longer prison term would be excessive compared to the punishment he has already served.
- He has already spent almost three years behind bars.
- More than half of his time in Montenegro was spent in brutal conditions.
- He has already paid a heavy personal and financial price.
- He pleaded guilty to two counts of wire fraud and conspiracy to defraud.
- Prosecutors agreed in the plea deal not to seek more than twelve years.
- His defense argues that anything beyond five years is far greater than necessary to achieve justice.
- He agreed to forfeit more than nineteen million dollars and several properties.
- He is also facing a separate case in South Korea where prosecutors are seeking up to forty years.
- He is asking the US court to limit his sentence as he approaches his December eleven sentencing date.
