The U.S. Securities and Exchange Commission (SEC) has filed for a postponement of the civil trial against Terraform Labs and its co-founder, Do Kwon. The trial, originally scheduled for January 29, is being delayed to facilitate Kwon’s participation amidst ongoing extradition proceedings. Do Kwon recently appealed the Montenegro High Court’s decision to uphold extradition requests from the U.S. and South Korea, citing concerns about potential political pressures on the court. The SEC proposes a new trial date of April 15, aligning with Kwon’s willingness to attend the trial and consent to extradition from Montenegro. (Source: Crypto.news)
