Inner City Press

In Other Media-eg NYLJ Fortune 2023, CJR, NY Mag, AJE, Georgia, CSM Click here to contact us     .

These reports are usually available through Google News and on Lexis-Nexis

Share |   

Follow on TWITTER

Home -

These reports are usually available through Google News and on Lexis-Nexis


(FP Twitterati 100, 2013)

ICP on YouTube

More: InnerCityPro
Sept 24, 2013

UN: Sri Lanka


FOIA Finds  

Google, Asked at UN About Censorship, Moved to Censor the Questioner, Sources Say, Blaming UN - Update - Editorial

Support this work by buying this book

Click on cover for secure site orders

also includes "Toxic Credit in the Global Inner City"




Bank Beat

Freedom of Information

How to Contact Us

Do Kwon Extradition Stopped for Appeal After Got Delay of Terraform Trial to March in SDNY

by Matthew Russell Lee, Patreon Substack

SDNY COURTHOUSE, Feb 8 – 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

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."

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

On January 15, MLK Day, the SEC wrote it that "
the SEC joins in Kwon’s request." Letter on Patreon here.

On January 16 Judge Rakoff ruled: "ORDER: Accordingly, the trial is hereby moved to March 25, 2024, at 9:30 AM. No further requests from any party for any further adjournment will be entertained. SO ORDERED. (Signed by Judge Jed S. Rakoff on 1/16/2024)."

So now on February 8, when the Montenegro Court of Appeals stays any extradition by giving Do Kwon the right to appeal, will the March 25 SDNY trial against Terraform Labs go on without him?

More on here on X for Subscribers and Substack here

 Inner City Press on the case(s).


Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron.


Feedback: Editorial [at]
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA

Mail: Box 20047, Dag Hammarskjold Station NY NY 10017

Reporter's mobile (and weekends): 718-716-3540

Other, earlier Inner City Press are listed here, and some are available in the ProQuest service, and now on Lexis-Nexis.

 Copyright 2006-2024 Inner City Press, Inc. To request reprint or other permission, e-contact Editorial [at]