The Department of Justice is asking a federal judge to sentence Do Kwon to 12 years in prison—the maximum sentence prosecutors reserved the right to pursue after the Terra founder pleaded guilty this summer. Though Kwon is technically eligible to serve 25 years in federal prison, the DOJ promised in August that it would only seek up to 12 years as part of a deal reached to encourage Kwon to forgo a jury trial and admit to two crimes: conspiracy to defraud, and wire fraud. Now, federal prosecutors are advocating that the disgraced crypto founder receive the maximum sentence under that deal. In a legal filing submitted ... (full story)