Terraform Labs co-founder Do Kwon will likely spend most of his life behind bars, first in South Korea and then in the United States, Dan Sunghan, head of the Financial Crimes Investigation Bureau at the Southern District Prosecutors' Office in South Korea, said in an interview.

"Do Kwon could be extradited to the U.S. and stand trial there and then have his sentence executed in South Korea and the U.S.; Kwon is expected to receive a record prison sentence in South Korea for financial fraud, with a sentence of more than 40 years," said Sunghan. From what we understand, The extradition process could take up to nine months, depending on factors such as how long the suspect was detained."