Cooperation Pays: How Kwon Avoided a Harsher Sentence

[cryptohog]

A major factor in Kwon’s 15-year sentence: he faces up to 40 more years in prison in South Korea.
Judge Engelmayer explicitly took this into account, noting that global prosecution will continue once he finishes his U.S. term.
Kwon also agreed to forfeit $19.3M, pay an $80M fine, and accept a lifetime ban on crypto activities.
SBF, meanwhile, faces no foreign charges and is appealing his conviction.

[Rimon Khan]

Looks like cooperation really reduced his sentence. Legal strategy matters a lot in crypto cases.

[Abdul Khan]

Kwon’s lighter sentence proves that helping investigators can massively change the outcome.