SEC assents to Do Kwon, Terra trial delay until April 15
The U.S. Securities and Exchange Commission is unopposed to delaying Terra's crypto fraud trial and instead open to waiting till Terraform co-founder Do Kwon is extradited.
Keep up with what's happening in the crypto world in real-time.
The U.S. Securities and Exchange Commission is unopposed to delaying Terra's crypto fraud trial and instead open to waiting till Terraform co-founder Do Kwon is extradited.
The SEC agreed with a request from Do Kwon's legal team to potentially postpone the trial date but opposed severing his case with Terraform's.
The U.S. Securities and Exchange Commission agreed to delay a civil trial against Terraform Labs and co-founder Do Kwon for allegedly orchestrating a $40 billion cryptocurrency fraud, so that Kwon can be extradited and attend.
Will LUNC price rise in the coming days? Let's take a look at this LUNC price prediction article.
The Terra Luna Classic community is taking a unique approach by incorporating Ethereum Virtual Machine (EVM) support into the chain. This strategic move goes beyond traditional chain developments, aiming to align the community-led Terra Classic chain with the latest technologies.
The Terra Luna Classic community looks beyond the typical chain developments to a more diverse approach by enabling Ethereum virtual machine (EVM) support on the chain. It will help the community-led Terra Classic chain to become compliant with new and emerging technologies, introducing many advantages.
Do Kwon, co-founder of Terraform Labs, has lodged another appeal against the Montenegro High Court's decision to uphold extradition requests from the United States and South Korea.
Montenegro High Court, reversing its November decision, upholds the validity of extradition requests, prompting the Do Kwon new appeal.
Local courts may be facing political pressure regarding Kwon's extradition to the U.S. or South Korea, his lawyer Goran Rodic told CoinDesk.
Disgraced Terraform Labs founder Do Kwon is reportedly asking a judge to delay the U.S. Securities and Exchange Commission's (SEC) trial to March so he can make an appearance. In a new letter addressed to the court uncovered by Inner City Press, Kwon's lawyers ask District Judge Jed S.
Terraform Labs co-founder Do Kwon requests postponement of his U.S. trial, scheduled for January 29th, to mid-March due to extradition challenges in Montenegro. The SEC filed fraud charges against Kwon in February 2023, related to the collapse of TerraUSD and LUNA tokens.
Terraform Labs co-founder Do Kwon has requested that the judge in his fraud case delay the trial date, currently set for Jan. 29, 2024, because Kwon is still tied up in extradition proceedings in Montenegro. Terra's Do Kwon Requests Trial Postponement Due to Extradition Issues In a letter to U.S.
Terraform Labs co-founder and former chief Do Hyeong Kwon's legal defense team has requested an extension of their client's trial date. What Happened: “Mr.
Terraform Labs co-founder Do Kwon requests postponement of his SEC trial in the U.S., citing ongoing extradition challenges in Montenegro following crypto fraud charges.
Do Kwon, the co-founder of Terraform Labs, has requested a postponement of his trial in the United States District Court until March. The delay is attributed to ongoing extradition challenges faced by Kwon in Montenegro, as he seeks to resolve these issues to ensure his presence at the trial.
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.