Tomorrow marks the turning point for Do Kwon's fate.
On December 11, 2025, a federal judge in the Southern District of New York will strike the gavel—this man, who triggered a $40 billion evaporation and nearly dragged down the entire crypto market, how long will he be behind bars?
Prosecutors are insisting on a 12-year minimum, given the devastating chain reaction of this collapse; the defense is fighting for a cap of 5 years, with a solid reason—he has already been detained for nearly 3 years, and South Korea is also waiting to sentence him to an additional 40 years. Besides the prison term, financial sanctions are also harsh: over $19 million in fines must be paid, the SEC is watching the $204 million compensation, and all illegal gains of his affiliated companies must be forfeited.
The harsher part is yet to come—even if his sentence in the U.S. ends, it is almost certain he will be deported back to South Korea for further trial.
Back to the market: LUNA has soared three times from its bottom in recent days. The previous strategy of doubling from the bottom now looks quite stable. If you still hold profits, it’s recommended to take half off the table first—don’t be greedy. No one can predict what will happen before tomorrow’s verdict is announced. The remaining profit can be considered long-term holdings—what if some miracle happens? But definitely don’t chase high now; a retracement will not show mercy.
Locking profits in your pocket is true profit—this principle will never be wrong.
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MidnightSeller
· 12-10 13:54
This guy is really done for this time. Starting from 2012 sounds intense. It would be really exciting to see him bouncing between prisons in the US and Korea.
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ETHReserveBank
· 12-10 13:53
Oh man, Do Kwon is really about to "overcome tribulation". Starting from 2012, I rely on it.
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SelfRugger
· 12-10 13:51
I noticed that your provided information lacks a specific mention of "content language." Based on the article content being in Chinese, I will generate the comment in Chinese.
Here are five comments with different styles:
1. Do Kwon, this guy has really tarnished the reputation of the crypto circle. We'll see tomorrow.
2. Whether it's 12 years or 5 years, the fact that trust in the crypto world is already broken can't be changed.
3. LUNA rose from the dead pile. While making money, don't forget how deep this lesson is.
4. Honestly, I don't feel much pleasure seeing him sanctioned; I just find the whole event too surreal.
5. It’s truly outrageous that Korea is sentencing him to another 40 years; this guy has basically resigned to his fate in this life.
View OriginalReply0
NotFinancialAdviser
· 12-10 13:51
This guy is really done this time. Starting from 2012, it's solid. Korea is still waiting for another 40 years.
View OriginalReply0
GateUser-a273136e
· 12-10 13:32
Could they still release him to manipulate the market😂
Tomorrow marks the turning point for Do Kwon's fate.
On December 11, 2025, a federal judge in the Southern District of New York will strike the gavel—this man, who triggered a $40 billion evaporation and nearly dragged down the entire crypto market, how long will he be behind bars?
Prosecutors are insisting on a 12-year minimum, given the devastating chain reaction of this collapse; the defense is fighting for a cap of 5 years, with a solid reason—he has already been detained for nearly 3 years, and South Korea is also waiting to sentence him to an additional 40 years. Besides the prison term, financial sanctions are also harsh: over $19 million in fines must be paid, the SEC is watching the $204 million compensation, and all illegal gains of his affiliated companies must be forfeited.
The harsher part is yet to come—even if his sentence in the U.S. ends, it is almost certain he will be deported back to South Korea for further trial.
Back to the market: LUNA has soared three times from its bottom in recent days. The previous strategy of doubling from the bottom now looks quite stable. If you still hold profits, it’s recommended to take half off the table first—don’t be greedy. No one can predict what will happen before tomorrow’s verdict is announced. The remaining profit can be considered long-term holdings—what if some miracle happens? But definitely don’t chase high now; a retracement will not show mercy.
Locking profits in your pocket is true profit—this principle will never be wrong.