Kwon Do-hyung with 130 years in prison vs. Wall Street Grim Reaper...a fierce head fight ahead of next year's trial.

[Anchor]
The criminal trial of Kwon Do-hyung, a key figure in the cryptocurrency 'Terra and Luna' crash, will be held in earnest only a year later due to extensive data review.

But the head-to-head battle with the federal district attorney in southern New York, dubbed the Wall Street Grim Reaper, is already raging.

I'm correspondent Lee Seung-yoon from New York.

[Reporter]
The U.S. federal court in Manhattan is in charge of the trial of Kwon Do-hyung, who triggered a $40 billion virtual asset crash.Mr.

is accused of deceiving more than one million investors in connection with TerraUSD, a cryptocurrency, and causing losses worth as much as 58 trillion won.

[Kwon Do-hyung / Former CEO of Terraform Labs (last 2021): I'm Do-hyung Kwon, founder of Terra. You might get a 20% dividend yield that you'll never get with Tesla or Apple shares.]

If all nine charges are found guilty, the maximum sentence is expected to be 130 years.

The U.S. Department of Justice brought Kwon to the U.S., who wanted to go to Korea, where the maximum sentence for economic criminals is about 40 years, but the criminal trial is expected to take place in earnest next year.

New York's Southern Federal Court said in its first pre-trial consultation that it would start the main trial schedule on Jan. 26 next year.He also instructed Kwon to consider moving up the trial schedule, citing the ongoing civil suit of

and the overwhelming review of the vast amount of data.

The six terabytes of data secured through international cooperation and seizure search reportedly included recorded data without Kwon's consent.

Kwon's side is already engaged in a tense war of nerves with the prosecution because he plans to plead not guilty and take issue with the ability to testify.A fierce legal battle between the Southern District Prosecutors' Office in New York and Kwon, which is composed of the best investigators in the United States, has begun to be called the '∀'
{The Death of Wall Street'.

I'm YTN's Lee Seungyoon from New York.