Victim Impact Statements Were Key in Do Kwon Trial Outcome. The compelling testimonies from investors who lost their savings in the Terra collapse played a decisive role in the legal proceedings against Do Kwon, the co-founder behind the failed blockchain project. These emotional accounts from affected individuals helped prosecutors build a stronger case, ultimately influencing the court's decision. The Terra ecosystem's dramatic implosion in 2022 resulted in billions of dollars in losses for retail investors worldwide. The introduction of victim letters during the trial humanized the scale of financial devastation caused by the project's collapse, proving instrumental in determining the final verdict.