Business

Do Kwon’s Court Hearing Delayed As New Evidence Uncovered

Do Kwon’s U.S. court hearing, originally set for March 6th, has been postponed to April 10th due to the discovery of new evidence. The delay gives both sides more time to review the findings.

Haider Jamal
March 5, 2025

New Evidence Uncovered
Judge Paul Engelmayer approved the delay after prosecutors revealed an additional 4TB of data, including information from electronic accounts and third-party sources.

Source: U.S. Department Of Justice

This adds to the 600GB of evidence already released, which includes Kwon’s phone data and crypto transaction records. Kwon’s final trial is still set for January 26th with pretrial motions due by July 1st.

Terra’s Collapse & Legal Fallout
After Terra’s collapse in 2022, Kwon was arrested in Montenegro in March 2023 while attempting to travel with a fake passport. He was extradited to the U.S. in December 2024 and pleaded not guilty to nine felony charges in January 2025.
Kwon and Terraform Labs are also facing civil penalties from the U.S. SEC, which accuses them of misleading investors about Terra’s stability. In April 2024, a jury found Kwon guilty, and the SEC sought $5.3 billion in fines. The court also imposed a further $4.5 billion penalty.

Join Our FREE Newsletter

Subscribe to stay informed and receive latest updates on the latest happenings in the crypto world!

By submitting this form, you are consenting to receive marketing emails from: Crypto Weekly, 36 Blue Jays Way, Toronto, ON, M5V 3T3, http://cryptoweekly.co. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.