Manhattan Decide Paul Engelmayer has postponed a courtroom listening to for former Terraform Labs CEO Do Kwon, permitting each side extra time to overview new proof.
Initially set for March 6, the listening to has been pushed to April 10. The delay follows a request from prosecutors, who knowledgeable the courtroom that they’d quickly present a further 4 terabytes of proof. This new materials consists of information from digital accounts, in addition to paperwork from numerous third events.
Prosecutors had beforehand shared 600 gigabytes of knowledge with Kwon’s protection crew. These information included data from 4 cell telephones beforehand owned by Kwon, together with emails from his private and enterprise accounts. Different supplies embrace paperwork associated to his extradition, statements he made to US regulators, and information of cryptocurrency transactions.
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Regardless of the latest delay, Kwon’s trial continues to be scheduled to start on January 26, 2026. The courtroom has set a July 1, 2025, deadline for pretrial motions, with responses due by August 11, 2025.
Kwon was extradited to the US in December 2024 after being arrested in Montenegro in March 2023. He was caught making an attempt to board a flight to Dubai utilizing a pretend Costa Rican passport, which led to a four-month jail sentence. After his launch, authorities permitted his switch to the US, the place he appeared earlier than a decide on January 2, 2025.
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