Do Kwon and the US authorities have agreed to delay his subsequent scheduled court docket listening to to permit them to proceed what they’ve known as “productive” discussions and keep away from undesirable pre-trial wrangling.
Legal professionals 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 crew implied it want to proceed these “productive” talks and that an adjournment would enable it to “avoid certain pretrial motion practice.”
Frequent pre-trial motions embody dismissing prices, attempting to suppress proof from the court docket, or requesting to maneuver to a different court docket venue. For example, each the US Securities and Change Fee and Justin Solar collectively requested to pause his case as a part of a pre-trial movement.
Decide Engelmayer granted the request for delay on June 10 and rescheduled the June 12 court docket look to the week starting June 23.
Not the primary delay for Do Kwon
US prosecutors have beforehand requested to delay a Do Kwon court docket listening to in order that his protection can assessment 4 terabytes of latest proof.
Final April, Decide 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, is not going to change their prices towards Do Kwon.
Do Kwon beforehand spent years in Montenegro in a kind of extradition limbo. He was lastly extradited to the US on December 31, 2024 the place he pleaded not responsible to 9 federal prices.
These embody cash laundering conspiracy, and securities fraud associated to the collapse of his crypto agency, Terraform Labs.
