Lawyers for Do Kwon, one of the founders of Terraform Labs, are requesting that the US Securities and Exchange Commission (SEC) postpone his case.
In the letter they sent to the court in the USA, lawyers said: “Right now, Mr. It seems unlikely that Kwon will be extradited before February or March at the earliest. A postponement decision until mid-March, Mr. It increases the chances of Kwon attending (the trial).” said.
If Kwon’s request for postponement is rejected, the court will ask the jury why he could not attend the hearing relating to “prejudiced” He will be asked to make a statement that does not exist.
The SEC’s case against Kwon and Terraform Labs is scheduled to be heard on January 29. However, a court in Montenegro decided to extradite Kwon to the US last month. had canceled.
SEC, Kwon and Terraform Labs “billion dollar securities fraud with crypto assets” accuses him of doing so.