Terra’s Do Kwon Says US Extradition Possible by Mid-March

Kwon is charged with orchestrating a $40 billion crypto fraud
His lawyer asked to delay a Jan. 29 trial in an SEC lawsuit

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By Bob Van Voris

January 12, 2024 at 5:26 PM UTC

Updated on

January 12, 2024 at 6:01 PM UTC

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Terraform Labs Pte. co-founder Do Kwon could be extradited to the US by mid-March to face charges that he orchestrated a $40 billion cryptocurrency fraud scheme, his lawyer said.

Kwon, currently in custody in Montenegro for traveling on a fake passport, is seeking to delay a Jan. 29 trial in a US Securities and Exchange Commission lawsuit making similar allegations against him and Terraform. He said he wants the civil trial put off until at least March 18 so he can participate.