| 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] innercitypress.com
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]
innercitypress.com
|
,
