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Do Kwon’s US court hearing delayed as prosecutors review a swath of new evidence

cryptoweekly by cryptoweekly
March 5, 2025
in bitcoin, News
0

The next hearing in the US government’s case against Terraform Labs co-founder Do Kwon has been delayed until April after prosecutors said they found another four terabytes of evidence.

A Manhattan federal court judge has delayed the US government’s case against former Terraform Labs CEO Do Kwon after prosecutors requested more time to review another four terabytes of evidence.

In a March 3 order, Judge Paul Engelmayer moved a hearing slated for March 6 to April 10 after the prosecutors said in a Feb. 27 letter that they anticipated “producing an additional 4 terabytes of discovery to the defense by the end of next week.”

The government’s letter added that the evidence included information related to warrants on “various electronic accounts” along with materials from “various third-party entities and individuals.”

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  • Food fraud costs $50B yearly — Can blockchain stop it?
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  • The empire strikes out: Institutionalists failed to kill the stablecoin bill
  • Pi Network migration problems: Users report KYC, 2FA and balance errors
  • Bitcoin’s invisible tug-of-war between suits and cypherpunks
  • Senate passes GENIUS stablecoin bill amid concerns over systemic risk
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