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Manhattan Judge Paul Engelmayer has postponed a court hearing for former Terraform Labs CEO Do Kwon, allowing both sides more time to review new evidence.
Originally set for March 6, the hearing has been pushed to April 10.
The delay follows a request from prosecutors, who informed the court that they would soon provide an additional four terabytes of evidence. This new material includes records from electronic accounts, as well as documents from various third parties.
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Prosecutors had previously shared 600 gigabytes of data with Kwon’s defense team. These files included information from four cell phones previously owned by Kwon, along with emails from his personal and business accounts. Other materials include documents related to his extradition, statements he made to US regulators, and records of cryptocurrency transactions.
Despite this delay, Kwon’s trial is still scheduled to begin on January 26, 2026. The court has set a July 1, 2025, deadline for pretrial motions, with responses due by August 11, 2025.
Kwon was extradited to the US in December 2024 after being arrested in Montenegro in March 2023. He was caught attempting to board a flight to Dubai using a fake Costa Rican passport, which led to a four-month prison sentence.
After his release, authorities approved his transfer to the US, where he appeared before a judge on January 2, 2025.
Recently, the Australian Securities and Investments Commission (ASIC) charged Brendan Gunn, the brother of Olympic breakdancer Rachael “Raygun” Gunn. What happened? Read the full story.
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