The highly anticipated Do Kwon case in the Crypto Assets world is about to come to a conclusion. The court will announce the final verdict on December 11, 2025. In a recent hearing, Do Kwon admitted to committing fraud between 2018 and 2022, and stated that he would comply with the agreement reached with the prosecutor's office.

Do Kwon may face a maximum prison sentence of 12 years and is required to pay $19 million in damages. This ruling not only signifies legal sanctions against Do Kwon personally but may also bring some degree of solace to investors affected by the collapse of LUNA and UST.

With Do Kwon removed from the core team of Terraform Labs, $LUNC (formerly LUNA) and $USTC (formerly UST) will embark on a new chapter of independent development. The conclusion of this event may signify further improvement in the regulation of the Crypto Assets industry and the restructuring of the industry ecosystem.

Although the Do Kwon case has come to a close, its long-term impact on the Crypto Assets market remains to be seen. Investors and industry participants are closely monitoring the potential ripple effects of this event and how it will shape the future landscape of Crypto Assets. Regardless, the conclusion of this case undoubtedly marks the entry of the Crypto Assets world into a new era.