Terraform Labs co-founder Do Kwon, currently facing a 15-year sentence in the U.S., could see his term reduced if extradited to South Korea. U.S. prosecutors are reportedly open to the transfer after Kwon serves half of his sentence. In South Korea, time served abroad may count towards his sentence, with local courts determining the final penalty, which could be five years or more. The extradition process requires formal requests, while global regulatory frameworks like the EU's Markets in Crypto-Assets Regulation continue to influence enforcement actions.
Do Kwon's U.S. Sentence May Be Reduced with South Korea Extradition
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