The trial of Terraform Labs’ former CEO Do Kwon was postponed to the end of March because he could not come to the United States yet.
by the U.S. Securities and Exchange Commission (SEC). Terra due to USD collapse accused Do Kwon He will go on trial on January 29 for fraud. was planned.
Judge Jed Rakoff “Although Kwon has consented to the extradition of Montenegro, where he is currently held, there is no guarantee that he will be released in time to appear at the hearing at the end of March.” said.
Rakoff, hearing can’t be postponed any longer He stated that he accepted the requests of Kwon’s lawyers to move the hearing to March. New date of the hearing Set as March 25.
Kwon’s lawyers said he before February or March at the earliest They said that it did not seem possible for him to be extradited.
Kwon, one of the founders of the Terra ecosystem, was arrested at an airport in Montenegro last year.
SEC to the U.S. District Court for the Southern District of New York In his application, Do Kwon He granted the request for the trial to take place after his extradition.