As an analyst, I’m sharing that my latest findings indicate the highly-anticipated U.S. criminal fraud trial for Do Kwon, a key figure in Terraform Labs, is set to commence in January 2026. This announcement was made during an initial hearing held in Manhattan, with both prosecution and defense teams busy examining a massive six-terabyte collection of evidence in preparation for the trial.
Here’s Why Terraform Co-Founder Do Kwon’s Trial Is Delayed Until 2026
Based on a recent update from the Southern District Court of Manhattan, the preliminary date for the criminal fraud trial involving Terraform Co-Founder Do Kwon has been proposed for January 2026. This lengthy timeframe allows both prosecution and defense teams to meticulously examine the extensive six-terabyte collection of data that is part of the evidence gathering process.
During Kwon’s extradition process, it was mentioned that there were several obstacles that caused the delay. Among these challenges were the complications encountered in unlocking four phones provided by Montenegrin authorities. Furthermore, the information retrieved from these devices needs to be translated from Korean into English.
Consequently, obtaining and deciphering data presents distinct challenges due to its encrypted form on the suspect’s mobile devices. These gadgets may hold key evidence pertaining to the accusations faced by the Co-Founder of Terraform.
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2025-01-08 23:37