The process of convicting Terra founder Do Kwon has been quite lengthy, with the collapse of Terra occurring nearly a year before the SEC filed charges. In addition, Do Kwon was on the run for a while before being granted extradition by the Montenegrin court. The verdict is still pending and we will have to wait until January next year for the judgment.
Do Kwon faces additional charges, US court rules UST, MIR, and LUNA as unregistered securities.