Apr 12, 2025
Kwon’s Legal Battle Continues Despite DOJ Crypto Shift
U.S. prosecutors are maintaining charges against Terraform Labs founder Do Kwon despite a DOJ memo indicating a shift away from prosecuting crypto firms. Kwon's trial has been delayed to February 2026, with a pre-trial conference set for June 2025. Kwon faces severe charges, including securities fraud and conspiracy to commit money laundering. The case is expected to set a key precedent for cryptocurrency regulation.
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U.S. prosecutors reaffirm charges against Do Kwon despite the DOJ memo shifting its approach to regulating and enforcing actions against cry