Do Kwon has pleaded guilty as part of a plea deal. Apparently the plea deal limited his jail time to a maximum of 12 years but the judge can still overrule that and give him more? Seeing this news made me go back and watch part of the @UpOnlyTV episode where @MartinShkreli tells Do Kwon that jail isn't so bad. Also remember when Do said that Terra Labs would own more bitcoin than Satoshi?
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