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Terra founder Do Kwon requests trial delay to attend, as extradition proceedings from Montenegro are delayed

Do Kwon, the founder of Terra, has requested a delay in his trial against the Securities and Exchange Commission (SEC) so that he can attend. His extradition proceedings from Montenegro have been delayed, and he is wanted in the US, South Korea, and Singapore to face accusations of mass fraud. The SEC claims that four of Kwon's crypto assets were unregistered securities, including TerraUSD and Luna, which had long-lasting effects on the market. Kwon's lawyers deny the claims, and he has expressed a desire to be extradited to South Korea instead of the US, but the local court will ultimately decide his next destination.

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