Do Kwon and the US authorities have agreed to delay his subsequent scheduled courtroom listening to to permit them to proceed what they’ve known as “productive” discussions and keep away from undesirable pre-trial wrangling.
Attorneys representing Do Kwon and the US authorities collectively requested the delay on June 9 as they proceed discussing pre-trial motions and different “related issues.”
Do Kwon’s authorized staff implied it wish to proceed these “productive” talks and that an adjournment would enable it to “avoid certain pretrial motion practice.”
Widespread pre-trial motions embrace dismissing costs, making an attempt to suppress proof from the courtroom, or requesting to maneuver to a different courtroom venue. As an illustration, each the US Securities and Change Fee and Justin Solar collectively requested to pause his case as a part of a pre-trial movement.
Learn extra: Do Kwon escapes extradition limbo — enters US trial limbo
Choose Engelmayer granted the request for delay on June 10 and rescheduled the June 12 courtroom look to the week starting June 23.
Not the primary delay for Do Kwon
US prosecutors have beforehand requested to delay a Do Kwon courtroom listening to in order that his protection can overview 4 terabytes of latest proof.
Final April, Choose Engelmayer rescheduled the date of his trial to February 17 subsequent yr. Prosecutors claimed on this listening to {that a} pro-crypto memo, revealed by the Division of Justice when it scrapped a crypto policing unit, won’t change their costs in opposition to Do Kwon.
Do Kwon beforehand spent years in Montenegro in a type of extradition limbo. He was lastly extradited to the US on December 31, 2024 the place he pleaded not responsible to 9 federal costs.
These embrace cash laundering conspiracy, and securities fraud associated to the collapse of his crypto agency, Terraform Labs.
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