Federal prosecutors just dropped a hammer: they're pushing for a 12-year sentence for Do Kwon, the mind behind Terra's spectacular implosion. They're not holding back, labeling the whole TerraUSD mess as a "colossal" scam that didn't just vaporize billions—it supposedly kicked off a domino effect that took down other giants, FTX included. The sentencing hearing's coming up, and the government's making it crystal clear they see this as one of crypto's biggest betrayals. Kwon's legal nightmare keeps getting darker as regulators paint him as the architect of a disaster that shook the entire industry to its core.