Play-to-earn gaming is one of the newest ideas in online games. In the older games, the people simply play because they want to have fun or want to win trophies. With play-to-earn games, players receive actual tokens or coins during the play. These are not all mere fake points. They can be exchanged or even sold in the real money. Another mega idea that is transforming the world is the metaverse. It is as though it is a large online village where individuals can work, play, shop and chat with others. Imagine that it is the internet, but in 3D worlds. With the metaverse, individuals navigate around the virtual world to perform activities using digital avatars. A new type of digital economy begins when play-to-earn gaming is combined with the metaverse. Earned tokens within the games can be used to purchase avatar clothes, land, or gear. Individuals worldwide can enter, market and generate new employment within this digital arena. The mix of play-to-earn and metaverse is more than just games. It is the start of a global digital economy. Many experts believe this could be as big as the real economy one day. How Play-to-Earn Gaming Works Basic Idea of Gaming Tokens Gaming tokens are like money inside blockchain games. Players earn them when they complete quests, win battles, or even breed game characters. These tokens are stored in digital wallets. Unlike regular game coins that stay locked inside one game, these tokens live on a blockchain. That means they can move outside the game and even be traded on exchanges. The reason tokens are important is because they carry value. Some games have their own tokens that can be swapped for popular coins like Ethereum or Bitcoin. Once swapped, they can turn into dollars or other fiat money. From Gameplay to Real Value Fun is related to money in the play-to-earn model. Gamers can be fighting monsters, planting digital crops, or discover new territories. As they do so, they are rewarded by token. Such tokens can be redeemed on the same game or redeemed to real money. Here is a simple table that shows some popular play-to-earn games and their tokens: Game Name Main Token What Players Do to Earn Use of Token in Game Axie Infinity SLP, AXS Breed, battle, trade Buy new Axies, governance, rewards Decentraland MANA Sell land, build assets Buy land, avatars, wearables The Sandbox SAND Build games, sell NFTs Purchase land, items, staking Gala Games GALA Play different games Buy NFTs, governance votes These games show how simple actions in a game can create real income. It is almost like working, but inside a digital playground. The Role of Gaming Tokens in the Metaverse Economy Digital Goods and Assets The metaverse needs a type of money to work smoothly. This is where gaming tokens come in. Inside digital spaces, people can buy items like land, clothes, or tools. Tokens act as the fuel of this economy. Without them, the metaverse would just be empty spaces. Tokens also connect different games and platforms. For example, land bought in Decentraland might be traded with tokens earned in another game. It creates a cycle where everything in the metaverse has value. Gaming Tokens vs. Traditional Game Money Traditional game coins, like gold in World of Warcraft, stay inside that one game. They cannot be exchanged for real money easily. Gaming tokens, built on blockchain, can move outside the game and enter the real financial world. Here is a table to make it more clear: Feature Traditional Game Coins Blockchain Gaming Tokens Can be traded outside? No Yes, on crypto exchanges Real money value Very low Can be converted to fiat Ownership Game company controls Player truly owns Use in metaverse Not possible Used across games/worlds This shows why gaming tokens are at the center of the metaverse economy. They give real ownership to players and also build trust in the system. Benefits of Play-to-Earn Gaming for Players and Communities Play-to-earn gaming is not only about fun. It brings many benefits to players, families, and even whole communities. In some countries where jobs are not easy to find, play-to-earn became a real source of income. People who never thought gaming could pay bills are now using it to cover daily costs. Another benefit is community. Many games build large groups where players talk, trade, and support each other. These groups often act like digital towns. People share ideas, build projects, and even form teams to earn together. Also, play-to-earn brings new jobs. People can become digital farmers, land traders, or NFT artists inside the metaverse. It creates a new type of workplace that did not exist before. Here is a table that shows the key benefits: Benefit How It Helps Players How It Helps Community Extra income Earn tokens that can be sold Brings money to low-income areas Community building Join global gaming groups Creates support networks Digital jobs Work inside games and worlds Opens new industries Real ownership Control over digital assets Stronger trust in economy Risks and Challenges in Play-to-Earn Gaming Even if play-to-earn sounds good, there are also risks. Many players face problems that make it hard to depend on this model for long-term income. Market Volatility The biggest risk is token price change. A token may be worth $1 today, and then drop to $0.10 tomorrow. This makes it hard for players to plan or save money. Sudden crashes can wipe out income fast. Security and Scams Another problem is scams. Some game projects take player money and then disappear. This is called a rug pull. Hackers also target wallets and steal tokens. Without strong security, players lose trust. Overdependence on Rewards When games focus only on money, the fun goes away. Many players join just to earn. If rewards go down, players leave, and the game becomes empty. This weakens the whole system. Here is a table that shows common risks: Risk Type Example Problem Impact on Players Volatility Token price crash overnight Loss of income Security Hacked wallet, rug pull Lost savings, no trust Overdependence Game not fun, only about money Players stop playing Regulation issues Governments ban or limit some tokens Reduced earning options How Metaverse Companies Use Play-to-Earn Models Big companies are not ignoring this trend. They see how play-to-earn and tokens can grow digital worlds. Many tech and gaming firms are building their own platforms where tokens play a key role. Big Tech and Gaming Firms Companies like Meta and Microsoft are trying to make metaverse worlds where users can play, shop, and meet. Gaming studios also add blockchain layers to their games. They see that tokens give players more reason to stay active and spend time in the game. Virtual Land and NFTs In many metaverse projects, people can buy digital land. This land can then be rented, sold, or used to build shops. NFTs connect to this system. A sword, a skin, or even a piece of art can be minted as NFT. Tokens are needed to buy and trade these items. This creates a circle where play-to-earn tokens support the whole metaverse economy. Without tokens, there would be no way to buy or sell land, NFTs, or services inside these virtual worlds. Here is a table that shows how companies use play-to-earn: Company/Platform What They Do in Metaverse Role of Tokens Meta (Facebook) Building Horizon Worlds Tokens for trade and assets Microsoft Working on virtual office spaces Tokens for digital services The Sandbox Selling land and games SAND token for purchases Decentraland 3D metaverse with shops and events MANA token for land and wearables Future of Play-to-Earn Gaming and the Metaverse Economy The future of play- to- earn gaming is promising and dangerous. The metaverse economy is expected to continue to expand, and play-to-earn is likely to remain a significant portion of it, according to many experts. Nevertheless, it will evolve over time as new regulations, more enjoyable games and superior technology arrive. Will Play-to-Earn Stay Long Term? Some people say play-to-earn is just hype, but others see it as the start of a new digital job market. Even if some games fail, the model of earning tokens while playing is likely to stay. Just like streaming became a career, play-to-earn could also become one. New Tech Boosting Growth The growth of play-to-earn will also depend on technology. Better VR headsets, more advanced AR tools, and faster internet can make the metaverse feel real. AI may help games become smarter, making it easier for players to earn in fair ways. Here is a table of possible future trends: Trend How It Can Change Play-to-Earn Impact on Metaverse Economy VR/AR headsets Make games feel more real More spending in digital goods Artificial Intelligence Smarter game systems and NPCs Fair rewards, better gameplay Stronger regulations Rules to protect players from scams Safer economy growth Cross-game assets Use one NFT across many games Connects different worlds Real Life Examples of Success and Failures The story of play-to-earn has both highs and lows. One of the biggest examples is Axie Infinity. At first, this game became a hit. People in countries like the Philippines were earning real income by playing. At its peak, Axie Infinity was making headlines all around the world. But later, the game faced problems. Token prices crashed, and fewer new players joined. The earnings went down, and many people stopped playing. It showed that play-to-earn needs balance. If token prices depend only on new players, the system cannot last. Other games and projects in the metaverse are also showing different results. Some small games keep growing slowly but steady. Others shut down after just one year. These stories show that success is possible, but risks are always there. The lesson is clear. A strong play-to-earn game must give both fun gameplay and steady rewards. If one part is missing, the system will not survive long. How to Spot Good Play-to-Earn Gaming Tokens Not every token in play-to-earn is safe. Some tokens are strong and useful, while others are weak and risky. Knowing how to spot the good ones makes a big difference. Look for Utility and Community A good gaming token should have real use inside the game. If tokens can only be traded but not used, they lose value fast. Strong communities are also a good sign. If players love the game and stay active, tokens have a better chance to grow. Avoid Red Flags Bad projects often make big promises but never deliver. If a token has no clear roadmap, or the team is not transparent, it is a red flag. Too much focus on “quick profits” is another warning sign. Here is a simple table to help spot good vs bad tokens: Feature to Check Good Token Signs Bad Token Signs Utility in game Can be used to buy, trade, upgrade No use except trading Community strength Active, supportive player base Few or fake users Roadmap and team Clear goals, transparent developers Hidden team, no clear future plans Long-term potential Balanced fun and rewards Only money focused, no fun gameplay Conclusion: The Next Chapter of Gaming and Digital Economy Play-to-earn gaming and the metaverse economy are shaping a new digital world. Tokens are not just game coins anymore. They are real digital money that players own, trade, and use across many platforms. The metaverse is becoming a space where people can work, play, and earn together. This new system gives both opportunities and risks. On one side, it creates income, new jobs, and community growth. On the other side, there are problems like token crashes, scams, and weak games that only chase money. The balance between fun and finance will decide the future of play-to-earn. The metaverse economy is going to grow as additional companies and technology companies enter the space. Having the right rules, good games, and better tech, play-to-earn can be the usual experience of everyday life. It may transform how people perceive gaming, employment and money in the digital age. Frequently Asked Questions What are play-to-earn gaming tokens? Play-to-earn tokens are digital coins that players earn inside blockchain games. They can be used in the game or traded for other crypto, and sometimes turned into real money. How do players make money with gaming tokens? Players earn tokens by completing tasks like battles, farming, or trading items. These tokens can then be sold on crypto exchanges or used to buy digital goods in the metaverse. Are gaming tokens safe to invest in? Some tokens are safe if the project is strong and transparent. But there are also risky tokens and scams. It is not always safe, and prices can change fast. How does play-to-earn connect with the metaverse? In the metaverse, tokens are used to buy land, skins, clothes, or tools. They act as money for all digital trade. Without tokens, the metaverse economy cannot grow. What is the future of the metaverse economy? Experts believe the metaverse economy will expand as tech like VR, AR, and AI improve. It may create more digital jobs and become a key part of online life. Glossary Play-to-Earn (P2E): A game model where players earn tokens with real value. Token: A digital coin built on blockchain that can be used in games or traded. NFT: Non-fungible token, a unique digital asset like land, skin, or artwork. Metaverse: A large 3D digital world where people play, work, and trade. Volatility: When prices go up and down quickly in short time. Digital Wallet: A safe place online where players keep their tokens. Summary Play-to-earn gaming tokens are changing how people see games and money. The tokens enable players to gain revenue and enjoy themselves, as well as participate in the new metaverse economy. There are digital assets such as tokens used in this economy like land, clothes, tools, and so on. The benefits are big. People will be able to gain income, communities will be created, and new forms of employment will be created. But risks are also strong. Players can be harmed by token crashes, scams and weak projects. The building of fun games, powerful communities and safe systems are the keys to success. The future of play-to-earn and the metaverse looks bright with better VR, AR, and AI. If these tools keep growing, the digital economy may become as important as the real one. Gaming will no longer just be about fun. It will also be about ownership, work, and global connection.   Read More: Play-to-Earn Gaming Tokens and Metaverse Economy">Play-to-Earn Gaming Tokens and Metaverse EconomyPlay-to-earn gaming is one of the newest ideas in online games. In the older games, the people simply play because they want to have fun or want to win trophies. With play-to-earn games, players receive actual tokens or coins during the play. These are not all mere fake points. They can be exchanged or even sold in the real money. Another mega idea that is transforming the world is the metaverse. It is as though it is a large online village where individuals can work, play, shop and chat with others. Imagine that it is the internet, but in 3D worlds. With the metaverse, individuals navigate around the virtual world to perform activities using digital avatars. A new type of digital economy begins when play-to-earn gaming is combined with the metaverse. Earned tokens within the games can be used to purchase avatar clothes, land, or gear. Individuals worldwide can enter, market and generate new employment within this digital arena. The mix of play-to-earn and metaverse is more than just games. It is the start of a global digital economy. Many experts believe this could be as big as the real economy one day. How Play-to-Earn Gaming Works Basic Idea of Gaming Tokens Gaming tokens are like money inside blockchain games. Players earn them when they complete quests, win battles, or even breed game characters. These tokens are stored in digital wallets. Unlike regular game coins that stay locked inside one game, these tokens live on a blockchain. That means they can move outside the game and even be traded on exchanges. The reason tokens are important is because they carry value. Some games have their own tokens that can be swapped for popular coins like Ethereum or Bitcoin. Once swapped, they can turn into dollars or other fiat money. From Gameplay to Real Value Fun is related to money in the play-to-earn model. Gamers can be fighting monsters, planting digital crops, or discover new territories. As they do so, they are rewarded by token. Such tokens can be redeemed on the same game or redeemed to real money. Here is a simple table that shows some popular play-to-earn games and their tokens: Game Name Main Token What Players Do to Earn Use of Token in Game Axie Infinity SLP, AXS Breed, battle, trade Buy new Axies, governance, rewards Decentraland MANA Sell land, build assets Buy land, avatars, wearables The Sandbox SAND Build games, sell NFTs Purchase land, items, staking Gala Games GALA Play different games Buy NFTs, governance votes These games show how simple actions in a game can create real income. It is almost like working, but inside a digital playground. The Role of Gaming Tokens in the Metaverse Economy Digital Goods and Assets The metaverse needs a type of money to work smoothly. This is where gaming tokens come in. Inside digital spaces, people can buy items like land, clothes, or tools. Tokens act as the fuel of this economy. Without them, the metaverse would just be empty spaces. Tokens also connect different games and platforms. For example, land bought in Decentraland might be traded with tokens earned in another game. It creates a cycle where everything in the metaverse has value. Gaming Tokens vs. Traditional Game Money Traditional game coins, like gold in World of Warcraft, stay inside that one game. They cannot be exchanged for real money easily. Gaming tokens, built on blockchain, can move outside the game and enter the real financial world. Here is a table to make it more clear: Feature Traditional Game Coins Blockchain Gaming Tokens Can be traded outside? No Yes, on crypto exchanges Real money value Very low Can be converted to fiat Ownership Game company controls Player truly owns Use in metaverse Not possible Used across games/worlds This shows why gaming tokens are at the center of the metaverse economy. They give real ownership to players and also build trust in the system. Benefits of Play-to-Earn Gaming for Players and Communities Play-to-earn gaming is not only about fun. It brings many benefits to players, families, and even whole communities. In some countries where jobs are not easy to find, play-to-earn became a real source of income. People who never thought gaming could pay bills are now using it to cover daily costs. Another benefit is community. Many games build large groups where players talk, trade, and support each other. These groups often act like digital towns. People share ideas, build projects, and even form teams to earn together. Also, play-to-earn brings new jobs. People can become digital farmers, land traders, or NFT artists inside the metaverse. It creates a new type of workplace that did not exist before. Here is a table that shows the key benefits: Benefit How It Helps Players How It Helps Community Extra income Earn tokens that can be sold Brings money to low-income areas Community building Join global gaming groups Creates support networks Digital jobs Work inside games and worlds Opens new industries Real ownership Control over digital assets Stronger trust in economy Risks and Challenges in Play-to-Earn Gaming Even if play-to-earn sounds good, there are also risks. Many players face problems that make it hard to depend on this model for long-term income. Market Volatility The biggest risk is token price change. A token may be worth $1 today, and then drop to $0.10 tomorrow. This makes it hard for players to plan or save money. Sudden crashes can wipe out income fast. Security and Scams Another problem is scams. Some game projects take player money and then disappear. This is called a rug pull. Hackers also target wallets and steal tokens. Without strong security, players lose trust. Overdependence on Rewards When games focus only on money, the fun goes away. Many players join just to earn. If rewards go down, players leave, and the game becomes empty. This weakens the whole system. Here is a table that shows common risks: Risk Type Example Problem Impact on Players Volatility Token price crash overnight Loss of income Security Hacked wallet, rug pull Lost savings, no trust Overdependence Game not fun, only about money Players stop playing Regulation issues Governments ban or limit some tokens Reduced earning options How Metaverse Companies Use Play-to-Earn Models Big companies are not ignoring this trend. They see how play-to-earn and tokens can grow digital worlds. Many tech and gaming firms are building their own platforms where tokens play a key role. Big Tech and Gaming Firms Companies like Meta and Microsoft are trying to make metaverse worlds where users can play, shop, and meet. Gaming studios also add blockchain layers to their games. They see that tokens give players more reason to stay active and spend time in the game. Virtual Land and NFTs In many metaverse projects, people can buy digital land. This land can then be rented, sold, or used to build shops. NFTs connect to this system. A sword, a skin, or even a piece of art can be minted as NFT. Tokens are needed to buy and trade these items. This creates a circle where play-to-earn tokens support the whole metaverse economy. Without tokens, there would be no way to buy or sell land, NFTs, or services inside these virtual worlds. Here is a table that shows how companies use play-to-earn: Company/Platform What They Do in Metaverse Role of Tokens Meta (Facebook) Building Horizon Worlds Tokens for trade and assets Microsoft Working on virtual office spaces Tokens for digital services The Sandbox Selling land and games SAND token for purchases Decentraland 3D metaverse with shops and events MANA token for land and wearables Future of Play-to-Earn Gaming and the Metaverse Economy The future of play- to- earn gaming is promising and dangerous. The metaverse economy is expected to continue to expand, and play-to-earn is likely to remain a significant portion of it, according to many experts. Nevertheless, it will evolve over time as new regulations, more enjoyable games and superior technology arrive. Will Play-to-Earn Stay Long Term? Some people say play-to-earn is just hype, but others see it as the start of a new digital job market. Even if some games fail, the model of earning tokens while playing is likely to stay. Just like streaming became a career, play-to-earn could also become one. New Tech Boosting Growth The growth of play-to-earn will also depend on technology. Better VR headsets, more advanced AR tools, and faster internet can make the metaverse feel real. AI may help games become smarter, making it easier for players to earn in fair ways. Here is a table of possible future trends: Trend How It Can Change Play-to-Earn Impact on Metaverse Economy VR/AR headsets Make games feel more real More spending in digital goods Artificial Intelligence Smarter game systems and NPCs Fair rewards, better gameplay Stronger regulations Rules to protect players from scams Safer economy growth Cross-game assets Use one NFT across many games Connects different worlds Real Life Examples of Success and Failures The story of play-to-earn has both highs and lows. One of the biggest examples is Axie Infinity. At first, this game became a hit. People in countries like the Philippines were earning real income by playing. At its peak, Axie Infinity was making headlines all around the world. But later, the game faced problems. Token prices crashed, and fewer new players joined. The earnings went down, and many people stopped playing. It showed that play-to-earn needs balance. If token prices depend only on new players, the system cannot last. Other games and projects in the metaverse are also showing different results. Some small games keep growing slowly but steady. Others shut down after just one year. These stories show that success is possible, but risks are always there. The lesson is clear. A strong play-to-earn game must give both fun gameplay and steady rewards. If one part is missing, the system will not survive long. How to Spot Good Play-to-Earn Gaming Tokens Not every token in play-to-earn is safe. Some tokens are strong and useful, while others are weak and risky. Knowing how to spot the good ones makes a big difference. Look for Utility and Community A good gaming token should have real use inside the game. If tokens can only be traded but not used, they lose value fast. Strong communities are also a good sign. If players love the game and stay active, tokens have a better chance to grow. Avoid Red Flags Bad projects often make big promises but never deliver. If a token has no clear roadmap, or the team is not transparent, it is a red flag. Too much focus on “quick profits” is another warning sign. Here is a simple table to help spot good vs bad tokens: Feature to Check Good Token Signs Bad Token Signs Utility in game Can be used to buy, trade, upgrade No use except trading Community strength Active, supportive player base Few or fake users Roadmap and team Clear goals, transparent developers Hidden team, no clear future plans Long-term potential Balanced fun and rewards Only money focused, no fun gameplay Conclusion: The Next Chapter of Gaming and Digital Economy Play-to-earn gaming and the metaverse economy are shaping a new digital world. Tokens are not just game coins anymore. They are real digital money that players own, trade, and use across many platforms. The metaverse is becoming a space where people can work, play, and earn together. This new system gives both opportunities and risks. On one side, it creates income, new jobs, and community growth. On the other side, there are problems like token crashes, scams, and weak games that only chase money. The balance between fun and finance will decide the future of play-to-earn. The metaverse economy is going to grow as additional companies and technology companies enter the space. Having the right rules, good games, and better tech, play-to-earn can be the usual experience of everyday life. It may transform how people perceive gaming, employment and money in the digital age. Frequently Asked Questions What are play-to-earn gaming tokens? Play-to-earn tokens are digital coins that players earn inside blockchain games. They can be used in the game or traded for other crypto, and sometimes turned into real money. How do players make money with gaming tokens? Players earn tokens by completing tasks like battles, farming, or trading items. These tokens can then be sold on crypto exchanges or used to buy digital goods in the metaverse. Are gaming tokens safe to invest in? Some tokens are safe if the project is strong and transparent. But there are also risky tokens and scams. It is not always safe, and prices can change fast. How does play-to-earn connect with the metaverse? In the metaverse, tokens are used to buy land, skins, clothes, or tools. They act as money for all digital trade. Without tokens, the metaverse economy cannot grow. What is the future of the metaverse economy? Experts believe the metaverse economy will expand as tech like VR, AR, and AI improve. It may create more digital jobs and become a key part of online life. Glossary Play-to-Earn (P2E): A game model where players earn tokens with real value. Token: A digital coin built on blockchain that can be used in games or traded. NFT: Non-fungible token, a unique digital asset like land, skin, or artwork. Metaverse: A large 3D digital world where people play, work, and trade. Volatility: When prices go up and down quickly in short time. Digital Wallet: A safe place online where players keep their tokens. Summary Play-to-earn gaming tokens are changing how people see games and money. The tokens enable players to gain revenue and enjoy themselves, as well as participate in the new metaverse economy. There are digital assets such as tokens used in this economy like land, clothes, tools, and so on. The benefits are big. People will be able to gain income, communities will be created, and new forms of employment will be created. But risks are also strong. Players can be harmed by token crashes, scams and weak projects. The building of fun games, powerful communities and safe systems are the keys to success. The future of play-to-earn and the metaverse looks bright with better VR, AR, and AI. If these tools keep growing, the digital economy may become as important as the real one. Gaming will no longer just be about fun. It will also be about ownership, work, and global connection.   Read More: Play-to-Earn Gaming Tokens and Metaverse Economy">Play-to-Earn Gaming Tokens and Metaverse Economy

        Highlights:  US prosecutors requested a 12-year prison sentence for Do Kwon after the Terra collapse. Terraform’s $40 billion downfall caused huge losses and sparked a long downturn in crypto markets.  Do Kwon will face sentencing on December 11 and must give up $19 million in earnings.   US prosecutors have asked a judge to give Do Kwon, Terraform Labs co-founder, a 12-year prison sentence for his role in the remarkable $40 billion collapse of the Terra and Luna tokens. The request also seeks to finalize taking away Kwon’s criminal earnings.  The court filing came in New York’s Southern District on Thursday. This is about four months after Kwon admitted guilt on two charges: wire fraud and conspiracy to defraud. Prosecutors said Kwon caused more losses than Samuel Bankman-Fried, Alexander Mashinsky, and Karl Sebastian Greenwood combined.  U.S. prosecutors have asked a New York federal judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison, calling his role in the 2022 TerraUSD collapse a “colossal” fraud that triggered broader crypto-market failures, including the downfall of FTX. Sentencing is… — Wu Blockchain (@WuBlockchain) December 5, 2025  Terraform Collapse Shakes Crypto Market Authorities explained that Terraform’s collapse affected the entire crypto market. They said it helped trigger what is now called the ‘Crypto Winter.’ The filing stressed that Kwon’s conduct harmed many investors and the broader crypto world. On Thursday, prosecutors said Kwon must give up just over $19 million. They added that they will not ask for any additional restitution. They said: “The cost and time associated with calculating each investor-victim’s loss, determining whether the victim has already been compensated through the pending bankruptcy, and then paying out a percentage of the victim’s losses, will delay payment and diminish the amount of money ultimately paid to victims.” Authorities will sentence Do Kwon on December 11. They charged him in March 2023 with multiple crimes, including securities fraud, market manipulation, money laundering, and wire fraud. All connections are tied to his role at Terraform. After Terra fell in 2022, authorities lost track of Kwon until they arrested him in Montenegro on unrelated charges and sent him to the U.S. Do Kwon’s Legal Case and Sentencing In April last year, a jury ruled that both Terraform and Kwon committed civil fraud. They found the company and its co-founder misled investors about how the business operated and its finances. Jay Clayton, U.S. Attorney for the Southern District of New York, submitted the sentencing request in November.  TERRA STATEMENT: “We are very disappointed with the verdict, which we do not believe is supported by the evidence. We continue to maintain that the SEC does not have the legal authority to bring this case at all, and we are carefully weighing our options and next steps.” — Zack Guzmán  (@zGuz) April 5, 2024  The news of Kwon’s sentencing caused Terraform’s token, LUNA, to jump over 40% in one day, from $0.07 to $0.10. Still, this rise remains small compared to its all-time high of more than $19, which the ecosystem reached before collapsing in May 2022. In a November court filing, Do Kwon’s lawyers asked for a maximum five-year sentence. They argued for a shorter term partly because he could face up to 40 years in prison in South Korea, where prosecutors are also pursuing a case against him. The legal team added that even if Kwon serves time in the U.S., he would not be released freely. He would be moved from prison to an immigration detention center and then sent to Seoul to face pretrial detention for his South Korea charges.    eToro Platform    Best Crypto Exchange   Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users    9.9   Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.