SDNY COURTHOUSE, Feb 24 – After the
collapse of the crypto firm Terraform
Labs, Inner City Press covered the SEC's
trial against it and Do Kwon - except that
Kwon was in Montenegro.
Early
on January 2, 2025 Inner City Press first
learned and vlogged that Kwon would be
presented later in the day in U.S.
District Court for the Southern District
of New York.
Just after
noon Do Kwon was presented and pled not
guilty, was detained, thread
On January 20, amid talk of the new
administration's crypto executive
order(s), Inner City Press published a
book: "Crypto Death Spiral: Could a Luna
Rise Again?" ebook here,
audiobook here.
The US v.
Do Kwon case was reassigned to Judge Paul
A. Engelmayer to whom the US Attorney's
Office on January 6 directed a victims'
notice motion, on Patreon
here
After Do
Kwon's guilty plea and sentencing, on
February 23, 2026 - a snow day at SDNY -
the plan administrator for the Terraform
Labs Pte. Ltd. filed a partially redacted
complaint against Jane Street for its role
-83 page complaint on Patreon here
On February 24, with the case above not
withdrawn, Snyder / Terraform filed
another lawsuit, under seal, which got
assigned to Judge Dale E. Ho,
1:26-cv-1536. Some asked, Judge shopping?
And another related suit, before Judge
Andrew L. Carter, 26-mc-73 (Carter)
More /
extra on X for Subscribers here,
Patreon (with US case status summary) here
Watch this
site
The case
is Snyder v. Jane Street Group, LLC,
1:26-cv-1504 (Unassigned)