⚖️ Do Kwon faces judgment in New York due to the collapse of TerraUSD

Lawyers are seeking a penalty of up to 12 years, while the defense requests a reduction to 5 years. The collapse of TerraUSD resulted in estimated losses of 40 billion dollars and caused disruptions in the market.

Investors are waiting to see how the judgment will affect the future of regulations in the world of cryptocurrencies.