🇰🇷🔥 DO KWON’S LEGAL NIGHTMARE IS NOT OVER — EVEN AFTER A 15-YEAR U.S. SENTENCE
Just when it looked like the Terra saga had reached its final chapter…
South Korea is preparing to open a whole new one.
Despite already facing a 15-year prison sentence in the United States, Do Kwon, the founder of Terra ($LUNC), could now be dragged into a separate criminal trial in South Korea — and the consequences may be even more severe.
This is no symbolic case.
This is a full-scale prosecution.
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⚖️ South Korea Wants Its Own Verdict
According to reports, Korean prosecutors are actively pursuing charges against Do Kwon for violations of South Korea’s Capital Markets Act.
Their argument is clear:
The Terra collapse was not just a failed project
It was an illegal financial operation that harmed Korean investors directly
Authorities believe U.S. sentencing alone does not satisfy domestic justice.
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📉 200,000 Victims. $204 Million in Losses.
The numbers are staggering:
🇰🇷 ~200,000 Korean victims
💰 Estimated losses: $204 million
⏳ Potential additional sentence: 30+ years
If convicted in South Korea, Do Kwon could face a sentence that dwarfs his U.S. punishment — turning his case into one of the most severe financial crime prosecutions in Korean history.
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🧨 Why This Case Is Different
This isn’t just about Terra collapsing.
Prosecutors allege:
Market manipulation
Investor deception
Violations of securities and capital markets law
Unlike the U.S. case, which focused heavily on fraud and wire violations, South Korea’s charges target the structural legality of Terra itself.
That means: 👉 Separate jurisdiction
👉 Separate trial
👉 Separate punishment
No legal shortcut. No double-jeopardy shield.
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🌍 Global Justice Is Closing In
Do Kwon’s situation highlights a new reality in crypto:
There is no “safe jurisdiction” anymore.
The U.S. wants accountability
South Korea wants accountability
Victims want accountability$LUNC
