
The trial of Terraform Labs and its founder Do Kwon, facing civil fraud charges by the SEC, is reaching its conclusion. The case, which has garnered significant attention, revolves around allegations that Terraform and Kwon defrauded investors leading up to the collapse of their stablecoin, a pivotal event that shocked the cryptocurrency markets in 2022. Coverage of the trial has been extensive, with Inner City Press providing live updates and documents related to the case. On Day 6, the final SEC witnesses are expected to testify, and Terraform Labs' attorneys are slated to give their closing arguments on Friday. Additionally, Do Kwon's legal troubles extend beyond the SEC trial, as Montenegro’s Supreme Court overturned earlier decisions that would have seen the crypto fugitive extradited to South Korea, indicating that Kwon may face trial in New York.



Terraform Labs co-founder Do Kwon may end up on trial in New York after Montenegro’s Supreme Court overturned earlier decisions, including those to hand over the crypto fugitive to South Korea. https://t.co/CSftBlkuSm
Terraform Labs co-founder Do Kwon may end up on trial in New York after Montenegro’s Supreme Court overturned earlier decisions, including those to hand over the crypto fugitive to South Korea. https://t.co/gF6iz5pJWc
Terraform Labs co-founder Do Kwon may end up on trial in New York after Montenegro’s Supreme Court overturned earlier decisions, including those to hand over the crypto fugitive to South Korea. https://t.co/1epn6fRt5V