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International Business Times
International Business Times
Business
Nica Osorio

Judge Delays SEC's Landmark Case Against Kwon Until March; No Additional Adjournment Requests Will Be Considered

Do Kwon SEC United Nations Terraform Labs

KEY POINTS

  • Last week, Kwon's camp sought an adjournment of its SEC case trial
  • The SEC initiated legal action against Kwon and Terraform Labs in February 2023
  • Kwon trial was initially set for Jan. 29

A federal judge declared the postponement of the trial of the U.S. Securities and Exchange Commission's (SEC) $40 billion fraud case against the blockchain firm Terraform Labs and its co-founder and CEO Do Kwon until March following a request from the crypto executive's camp.

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