Federal prosecutors are going hard after Do Kwon, demanding a 12-year stint behind bars for his alleged role in one of crypto's most catastrophic meltdowns. The Terraform Labs co-founder faces serious heat over the Terra ecosystem's spectacular $40 billion implosion that wiped out countless investors. This sentencing recommendation marks a major escalation in what's become one of the industry's most closely watched legal battles. The case continues to send shockwaves through the crypto space as authorities crack down on projects that promised the moon but delivered disaster.