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Terraform Labs co-founder Do Kwon to miss start of US SEC trial

By Thomson Reuters Feb 26, 2024 | 4:39 PM

NEW YORK (Reuters) – The cryptocurrency entrepreneur Do Kwon will likely miss at least the start of a scheduled March 25 trial on U.S. Securities and Exchange Commission fraud charges because of a delay in extraditing him from Montenegro, his lawyer said on Monday.

In a letter filed in federal court in Manhattan, Kwon’s lawyer David Patton said his client will not seek to adjourn the trial date, regardless of when Kwon is ultimately extradited.

(Reporting by Jonathan Stempel in New York; Editing by Leslie Adler)