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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.
Seeking a delay in the upcoming SEC trial, Kwon's defense also asked a Federal Judge to reconsider several crucial decisions.
Altcoins including Terra Classic rallied the most backed by the hype that followed the approval of spot Bitcoin exchange-traded funds (ETFs) for the first time in the US. While Bitcoin also rose touching $49,000 at one point, its reaction to the news was more or less lethargic.
Former Terra CEO, and issuer of the stablecoin TerraUSD, Do Kwon, has asked a U.S. court to postpone his Securities and Exchange Commission (SEC). The request comes amid delays in his extradition proceedings from Montenegro.
Lawyers for Kwon said that an adjournment to mid-March "would provide a realistic possibility" for him to attend.
The former CEO of Terra is detained in Montenegro, awaiting extradition.
Kwon's legal representatives expect slower extradition proceedings in Montenegro, delaying their arrival in the U.S. until Feb/Mar.
In a letter to Judge Jed S. Rakoff, counsel for Do Kwon, the former CEO of Terra, has formally requested the postponement of his trial in the United States.
According to a court filing, embattled Terraform Labs co-founder Do Kwon wants to delay his Securities and Exchange Commission (SEC) trial to mid-March, pending his extradition to the country from Montenegro. In a Jan.
The former CEO of Terra, Do Kwon, is facing a delay in his Securities and Exchange Commission (SEC) trial as his extradition proceedings in Montenegro are taking longer than expected. Kwon's counsel has requested the U.S. court postpone the trial until his arrival, expecting him won't be in the United States until February or March.
Do Kwon, ex-CEO of Terra, is seeking to delay the SEC trial against him and his former company so he can attend the trial.
In the latest development in the U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs (Terra) and co-founder Do Kwon, a federal judge has denied multiple motions for reconsidering earlier orders. The judge has again sided with the plaintiff U.S. SEC after a recent order stating that Terra and Do Kwon violated the Securities
The counsel representing Terraform Labs co-founder Do Kwon has asked a US court to push back the SEC trial against him.
In a recent development, Do Kwon, the embattled co-founder of Terraform Labs, has sought a trial adjournment due to extradition delays from Montenegro in the ongoing legal saga with the US Securities and Exchange Commission (SEC). The request, directed to the Honorable Judge Jed S.
The former CEO of Terra is being held in Montenegro after being caught in Podgorica's airport with falsified documents.
To get some insight, we consulted Google Bard to explore the potential heights LUNC could reach if Bitcoin hits $200,000. The results provide a unique perspective, considering various scenarios and shedding light on what could lie ahead for Terra Classic in the evolving crypto landscape.
In a legal clash within the United States District Court Southern District of New York, Terraform Labs and founder Do Kwon confront allegations by the Securities and Exchange Commission (SEC).
Aptos and Terra Classic's Altrank registered improvements, meaning that there were chances of price upticks in the coming days.
On January 1, 2024, Binance executed a burn of 5.57 billion Terra Luna Classic (LUNC) tokens, leading to increased trading volume. The introduction of new LUNC and USTC trading pairs on Binance contributed to the token's rise.
The SEC's motion against Binance aims Terraform case, where a judge sided with the regulator in determining specific tokens were securities.
8M USTC burn proposal dismissed: Terra Luna Classic community decides to cease fire, aiming to provide liquidity for new projects.
The commission argued a summary judgment in its favor against Terra provided “further grounds” on which a judge could consider denying a motion to dismiss from Binance.
LUNC News: Terra Luna Classic community has now rejected three USTC burn proposals, as a proposal to burn all USTC in the community pool failed to convince the community that it's a prudent course of action. The move comes amid the renewed narrative to burn 800 million USTC from Risk Harbor Multisig Wallet, which sits
In the lawsuit between Binance, Binance.US, former CEO Changpeng ‘CZ' Zhao, and the U.S. Securities and Exchange Commission (SEC), the securities regulator has submitted a notice of supplemental authority with the court. The SEC has cited the recent ruling in SEC v.
