CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
coinpedia 2025-01-08 19:14:37

Just In: Do Kwon’s Criminal Fraud Trial Set for January 2026

The post Just In: Do Kwon’s Criminal Fraud Trial Set for January 2026 appeared first on Coinpedia Fintech News In the latest development , the trial for Do Kwon is set for 2026 as lawyers navigate a massive trove of evidence. Prosecutors in the US criminal case against Kwon have outlined their discovery plans, including searching his email, Twitter, and electronic devices. They expect to find several terabytes of data relevant to the case, including trading records and materials from cryptocurrency exchanges. Some recordings of Kwon, made without his knowledge, may also be part of the discovery process. Do Kwon’s criminal fraud trial in the U.S. is tentatively set for next January, giving both prosecutors and his defense team enough time to review the large six-terabyte data expected during the discovery process. Judge Engelmayer highlighted the historic nature of the case and the complexity involved as prosecutors revealed 6 terabytes of data, including trading information and new evidence from four seized cell phones, one of which was obtained after Kwon’s extradition from Montenegro. Extra Time For Trial Considering all that, Judge Engelmayer made an exception to his normal scheduling proceedings to allow extra time to prepare for trial. Kwon’s defense team initially suggested a spring 2026 trial, but both sides agreed on January 2026, pending any changes. The judge noted that Kwon’s case differed from Sam Bankman-Fried’s, as Kwon had already served time in Montenegro. The trial will not be delayed further after January 2026. Upcoming Trial to Involve More Evidence Notably, the upcoming trial would involve far more evidence than what was presented during the Securities and Exchange Committee’s civil fraud trial brought against both Do Kwon and Terraform Labs. Prosecutors noted that data in that trial only amounted to about one terabyte of data, roughly one-sixth of what’s to come. Prosecutors also noted that only about two of the five fraud theories against Do Kwon were presented by the SEC in that case, during which a jury ultimately found Do Kwon and Terra liable for fraud. Do Kwon faces up to nine felony charges, including conspiracy and fraud, with a potential maximum sentence of 130 years in prison. He is currently in custody, though the exact location has not been disclosed.

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta