Overview
- Kwon’s defense filed the request on Nov. 26 in the Southern District of New York, where Judge Paul Engelmayer will sentence him on Dec. 11.
- He pleaded guilty in August 2025 to conspiracy and wire fraud tied to the 2022 TerraUSD/LUNA collapse after being extradited from Montenegro.
- Under his plea agreement, U.S. prosecutors agreed not to seek a sentence longer than 12 years.
- His legal team cites detention conditions in Montenegro and other time already served as grounds for leniency.
- South Korean prosecutors are pursuing a separate case seeking up to 40 years, and any transfer after the U.S. case remains unresolved.