Due to the lawyer handling "massive" evidence, the trial for Do Kwon's criminal fraud case is tentatively scheduled for January 2026

2025-01-09 08:12:39

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ChainCatcher news, at the preliminary hearing held in Manhattan, Chief Prosecutor Jared Leno told the court that Terraform Labs co-founder and former CEO Do Kwon's criminal fraud trial in the U.S. is tentatively scheduled for January 2026, to allow prosecutors and Kwon's defense attorneys ample time to review the "massive" 6TB of data expected to be generated during the investigation.

Prosecutors indicated that the government is also expected to face further delays, as when Do Kwon was extradited to the U.S. on December 31, Montenegrin authorities provided four mobile phones from which they could not retrieve encrypted information or unlock the devices, thus the government will face additional delays.

Additionally, the government must translate materials extracted from Do Kwon's native Korean into English. The next status conference for the case is scheduled for March 6 at 11 AM Eastern Time.

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