The judge investigated the charges Do Kwon faces in South Korea before his sentencing in the United States.

According to Finance Feeds, Do Kwon is scheduled to be sentenced in New York on Thursday after pleading guilty to two felony charges, but the presiding judge is urging prosecutors and defense lawyers to clarify his situation in South Korea. In documents filed Monday, U.S. District Judge Paul Engelmayer requested both sides to detail the charges and the "maximum and minimum sentence" Do Kwon could face if extradited to South Korea. Do Kwon pleaded guilty in August to wire fraud and conspiracy to commit fraud. These charges stem from his role in the 2022 Terraform Labs crash, which triggered a broader market downturn and caused significant losses to the entire crypto industry. Do Kwon is expected to serve his sentence in the United States first, but Engelmayer's questions indicate that the court wants a comprehensive understanding of the concurrent criminal charges he faces in South Korea. The judge also asked both sides whether they agreed that "the time Do Kwon was detained in Montenegro" should not be counted towards any of his sentences in the United States. Do Kwon was detained in Montenegro for four months for using forged travel documents and spent more than a year fighting for his extradition before being transferred to the United States.