[Do Kwon to Receive Court Sentence Today, May Face 12 Years in Prison] Odaily Planet Daily News: Terraform Labs founder Do Kwon will receive sentencing later today (December 11) in a Manhattan court by U.S. District Judge Paul Engelmayer. It is reported that prosecutors have requested a 12-year prison sentence for Kwon, citing factors including his guilty plea. Previously, during a hearing presided over by U.S. District Judge Paul Engelmayer in the Southern District of New York, Do Kwon pleaded guilty to charges of conspiracy to commit fraud and wire fraud. Earlier this year in January, he had pleaded not guilty to a nine-count indictment involving securities fraud, wire fraud, commodities fraud, and money laundering. (Decrypt)