The max he can get is 20. More likely he will get half of that which would be around 10. If he goes to federal prison that means he would have to at least 8.5 years. The other issue is he's not a US citizen so they could also just deport him, confiscate his passport and put him on a no-fly list to keep him out of the country.
Making bad leveraged bets and sticking your lenders with the bill has surprisingly lenient sentences, compared to defrauding retail customers, like in the case of FTX.
Looks like he's going to do about 12 years which is insanely low for the financial damage caused and after he will be deported to South Korea where he will be immediately put on trial and sentenced to prison again.
On an unrelated note, I just clicked the paywalled link and holy crap - do they seriously expect people to pay 70$ per month for access to their articles?
Maybe I am not the right target group for that..
