Terraform Labs co-founder Do Kwon urges the court to delay his trial date as he aims to resolve extradition issues in Montenegro to ensure his presence at the United States court.
Terraform Labs co-founder Do Kwon has requested the United States District Court for the Southern District of New York to postpone his trial date until March, citing extradition challenges in Montenegro as the reason for seeking the delay.
In a letter dated Jan. 11 addressed to Judge Jed Rakoff, Kwon’s legal team emphasized his interest in attending the trial personally, which is scheduled for Jan. 29. However, they had anticipated that Kwon would have already been permitted to return to the U.S. by now:
In February 2023, the SEC filed fraud charges against Kwon, accusing him of having a role in orchestrating a multibillion-dollar crypto securities fraud.
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Source: https://cointelegraph.com/news/terraform-labs-do-kwon-court-trial-date