Do Kwon’s Court Hearing Postponed to April 10: A Deeper Dive Into the Terraform Labs Scandal

Terraform Labs Scandal

Do Kwon’s scheduled court appearance has been postponed as prosecutors obtain extra evidence, which is four terabytes(4TB) in size. The revealed evidence consists of vital data that serves a critical function during the active court proceedings regarding Terra Luna ecosystem destruction. 

Do Kwon’s Court Hearing Postponed: A Strategic Move for More Time

The judicial hearing set for March 6 has been rescheduled to April 10. The courthouse granted prosecutors additional time to review four terabytes(4TB) of evidence discovery after their request on March 3. The defense team expects to receive this evidence before the end of the week. The new court evidence comes from multiple electronic communications and accounts, which helps explain Kwon’s activity within the Terra Luna ecosystem collapse.

🚨 UPDATE: The U.S. court hearing for Terraform Labs co-founder Do Kwon has been postponed to April 10 as prosecutors need additional time to examine more than 4TB of newly acquired evidence. pic.twitter.com/4iOqseZZcZ

— Crypto Jessica (@CryptoJessXBT) March 5, 2025

The postponement of Do Kwon’s court hearing to mid-April provides enough time for parties to analyze the newly discovered evidence. Kwon’s defense team requires this time extension to establish a strong defensive platform against expanding charges from his accusers. New evidence collected by South Korean authorities contains third-party documentation and cell phone data from Kwon, as well as emails from his business activities, crypto trading logs, and additional materials.

The Terra Luna Collapse: A Background to the Legal Struggles

Do Kwon, the funder of the Terra ecosystem, is facing legal charges as investors saw their investments wiped out in the May 2022 market crash. The encounter resulted from TerraClassicUSD (USTC) stablecoin instability, which caused its value to drop below $0.01. The collapse of USTC token stability and mass selling panic wiped out both Terra Luna Classic (LUNC) and caused severe financial losses to numerous investors across the world.

The public intensely questioned Do Kwon’s location after the debacle. The authorities documented his journey, starting in Singapore and Dubai and ending in Montenegro. March 2023 became a pivotal moment in the case when he was arrested while trying to leave via a fake Costa Rican passport for Dubai. After Kwon spent four months in Montenegrin prison, he received extradition to the United States in December 2023.

The Legal Road Ahead: What to Expect 

The fight against both legal allegations continues for Do Kwon as he faces extradition to the US. After being transported to the US, he now deals with numerous felony offenses for fraud. Kwon appeared in a United States federal court for the first time on January 2nd, 2024, and claimed innocence to nine felony counts. His trial survives as a long-term distant appointment stretching from today to January 26, 2026, as his legal story rolls forward.

The legal team representing Kwon devotes extensive effort to challenging the continuing evidence that has accumulated against him. The recently obtained four-terabyte data set, which includes comprehensive documentation along with communication records, may offer a deeper understanding of Terraform Labs operations before the Terra Luna ecosystem collapsed. Legal teams expect this recently obtained data collection to modify the prosecution’s evidence foundation and Kwon’s protective measures as the prolonged court proceedings begin.

What Next In Do Kwon Legal Case?

The legal proceedings against Do Kwon have become the key litigation event in cryptocurrency history. This is because they affect cryptocurrency regulation and digital asset reliability across the board. Additional revelations during the case’s progression will provide better insights into the Terra Luna collapse and potential legal reforms for the crypto market.