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Alexander Stefanov

US prosecutors seek 12-year sentence for Do Kwon as DeepSnitch AI presale tops $700,000 at $0.02682

On 8 December 2025, US prosecutors asked a federal court in New York to impose a 12-year prison term on Terraform Labs co-founder Do Kwon following his guilty plea to wire fraud and conspiracy. As mounting legal action underscores risks in the crypto sector, the DeepSnitch AI token presale has raised more than $700,000 at a price of $0.02682 ahead of a planned January launch. The project is positioning itself as a security-focused alternative, with live features such as SnitchScan and staking aimed at traders seeking risk controls alongside growth potential. Backers frame the presale as part of a broader shift toward safety and transparency in digital assets.