Disgraced Crypto Mogul Do Kwon Will Miss Start Of SEC Trial Amid Extradition Delays

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Terraform Labs Urge Judge To End SEC’s Securities Fraud Lawsuit

Attorneys representing Terraform Labs and Do Kwon have filed a motion for summary judgment, arguing that the defendants didn’t do anything wrong and the judge overseeing the case should make a ruling without moving the case forward to a trial.

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US SEC moves for summary judgment in case against Terraform Labs and Do Kwon

The U. S. Securities and Exchange Commission (SEC) wants the court to issue a summary judgment in its case against Terraform Labs and its co-founder, Do Kwon. In a court filing dated Nov. 2, the SEC contended that the defendants’ violations were abundantly clear and undisputed, obviating the necessity for a full trial.

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Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report

Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea.

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Terraform co-founder Shin blames protocol for collapse during trial in S. Korea

Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and that he had nothing to do with it.

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Legal proceedings start for Terraform Labs co-founder in South Korea: Report

Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin's trial preparations in South Korea are reportedly underway.

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Crypto On Trial: U.S. Judge Examines Whether Terraform Labs’ Coins Are Securities

According to a Reuters report, a U. S. judge is considering whether the digital assets created by Terraform Labs were securities in a case brought by the Securities and Exchange Commission (SEC) against the company and its founder, Do Kwon.

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Do Kwon’s detention extended six months by Montenegrin court

A Montenegro court has extended Do Kwon’s detention by six months as he awaits trial for potential extradition, Agence France Presse reported Thursday. The former Terraform Labs CEO has been in custody in Montenegro since late March following his arrest at Podgorica Airport in the nation’s capital for allegedly carrying forged travel documents.

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South Korea traces more funds allegedly moved by Do Kwon 

South Korean authorities are investigating the whereabouts of about $29 million worth of cryptocurrencies allegedly moved from a crypto wallet controlled by Do Kwon’s Luna Foundation Guard (LFG). Kwon is currently under house arrest and is awaiting trial in Montenegro.…

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Montenegro High Court Says No Bail for Terra's Do Kwon in Fake Passport Case: Bloomberg

Prosecution appealed a previous decision by a lower court in the country to let the disgraced founder go free while he faced trial.

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Terra’s Do Kwon To Walk Out Of Montenegro Jail After Securing $436,000 Bail

Montenegrin officials have granted Terraform Labs co-founder Do Kwon bail in the travel document forgery case. Kwon will be freed from jail on a supervised  €400,000 ($436,000) bail pending trial.

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Do Kwon Set to Be Released on Bail in Montenegro Travel Document Forgery Case

Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues.

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Do Kwon’s lawyers propose $436K bail as authorities prepare for June trial

Lawyers said Do Kwon and Han Chang-joon could be released on bail and largely confined to a Montenegro apartment with the “obligation to periodically report to the state authority.”

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U.S. and South Korea vying for Do Kwon trial; extradition destination uncertain

The United States and South Korea both aim to prosecute Terra founder Do Kwon, making his next destination unclear, according to a report from Bloomberg on March 29. The post U.S. and South Korea vying for Do Kwon trial; extradition destination uncertain appeared first on CryptoSlate.

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