They can give 12 years in prison to Kvon

After the guilt of Kwon, probably threatens 12 years in prison with subsequent deportation from the United States. His cooperation with the court seemed to soften the punishment.

Judge Paul Engelmayer noted that Kwon should pay fines for $ 19 million and plead guilty for TerRaform crimes.

Cwon will receive a softer sentence than Sam Bankman Fried

Prior to Kvon, he intends to admit to be guilty of nine federal charges, which can lead to a long prison term. This will help to avoid a protracted trial.

However, it was unclear how the court would show condescension. Today, judicial reporters monitored the comments of the judges and came to the conclusion that the appointment of a 12-year period is probably.

Prior to Kvon, he agreed to find himself guilty of conspiracy for fraud and fraud using electronic communications. These charges can lead to punishment from 25 years to life imprisonment.

• Accusation 1: Includes a Terra blockchain circuit, including Chai, Mirror Protocol, Genesis Stablecoins and Luna Foundation Guard (LFG).

• Accusation 4: Fraud using electronic communications associated with interstate and international communications for the implementation of the scheme.

One of the conditions is the consent not to appeal the court decision. Otherwise, to Kvon will have to pay more than $ 19 million fines and recognize liability for all Terraft Labs crimes.

In addition, after the end of it, it is probably deported from the United States. Kwon is not a citizen, and he can be deported earlier. However, the judge, it seems, is inclined to ensure that he first serves his term.

History continues to develop, and Judge Engelmeier can change his decision in the future.

Be in the know! Subscribe to Telegram.