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Do Kwon’s Sentencing Hearing Drags on as Court Weighs Mountain of Victim Testimony

CoinDesk
Do Kwon's sentencing hearing was delayed as the judge addressed the late submission of 315 victim impact statements.

Summary

Terraform Labs co-founder Do Kwon's sentencing for a massive crypto fraud that caused $50 billion in losses was extended as District Judge Paul Engelmeyer addressed the late submission of 315 victim impact statements by prosecutors. The judge expressed visible exasperation over the late disclosure, calling it disrespectful to the defense and victims, and offered Kwon a postponement of up to six weeks. Kwon and his lawyers declined the delay, waiving their right to appeal based on the late disclosure. Several victims testified about devastating financial and personal hardships, including lost life savings, divorce, and homelessness. Kwon remained stony-faced throughout the emotional testimony.

(Source:CoinDesk)