Terra Founder Requests Trial Delay
Seeking a delay in the SEC trial, Terra founder, Do Kwon’s legal team requested the postponement due to his extradition from Montenegro, wanting more time to attend the trial.
Request Denied by the Court
Despite the request, the court denied the delay and decided to hold the trial at the end of the month. Kwon’s extradition procedure has faced delays as his legal team appealed the judgment by the Montenegro high court. The SEC has also filed a Terraform ruling in the Binance and Coinbase lawsuit to strengthen the case against Do Kwon.
Summary Judgment Filed
Both the SEC and Do Kwon have filed for summary judgment in the ongoing legal dispute, asking a federal judge to decide in their favor without a trial, claiming the opposite party has not sufficiently substantiated their case.
Hot Take: Ongoing Legal Battle
The ongoing legal saga between Do Kwon and the SEC has taken a new twist as Terra’s founder asks the court for extra time to attend the trial, while facing extradition delays and a strengthened case against him.
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