| Do Kwon
Wants to
Attend SEC
Terraform
Trial So
He Asks Delay
to Mid March
for
Extradition
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
Jan 11 – The SEC's case
against Terraform Labs
is moving toward a January
2024 trial. That is, unless
summary judgment is granted -
arguments were held on
November 30.
On November
30 US District Court for the
Southern District of New York
Judge Jed S. Rakoff held
summary judgment motion
arguments. Inner City Press
was there and live tweeted, thread
More (Nov 30) on
Substack here
On December 28
Judge Rakoff issued a 71 page
order including that
The Montenegrin
authorities did not so oblige,
and Kwon thus did not submit a
declaration. Kwon now argues
that granting summary judgment
for the SEC in the absence of
such a declaration violates his
Fifth Amendment right to
procedural due process. That
argument wins credit for color,
but that is all." Full order on
Patreon here
On January 11, Do Kwon's counsel
wrote in to say he wants to
attend but "is not likely to be
extradited until February or
March at earliest." He asks for
a delay to mid-March or an
instruction to the jury why he
is not present - full letter on
Patreon here
***
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