[Do Kwon Claims Sentence for TerraUSD Collapse Fraud Case Should Not Exceed Five Years] Terraform Labs co-founder Do Kwon stated that his sentence for involvement in the 2022 $40 billion TerraUSD stablecoin collapse fraud case should not exceed five years. Kwon pleaded guilty to conspiracy and wire fraud charges in August, avoiding a trial. He was previously arrested in Montenegro and convicted for using a fake passport, then extradited to the United States.