The now-bankrupt company agreed to pay a multibillion sum to the SEC pending court approval

The decision came a few hours after both the defense and the lawyers representing the SEC gave their closing arguments

The legal back and forth around Do Kwon’s extradition hit another speed bump

Terraform Labs and the SEC are expected to head to trial later this month

Do Kwon may be extradited to South Korea, and US authorities are reportedly unhappy about it

The SEC’s civil trial against Kwon is scheduled to kick off in New York on March 25, with or without the defendant

Do Kwon may miss the start of the March 25 trial in the SEC’s case against the former executive and Terraform Labs

In December, after his extradition to the US was ordered and approved, Kwon appealed the decision in Montenegro court and initially won before the court reversed the decision

The company called the filing a “strategic step” ahead of its trial

The judgment represents an SEC victory ahead of a formal trial

Do Kwon faces extradition requests from both the US and South Korea

Last week, WSJ reported that Montenegro planned to extradite Kwon to the US rather than South Korea

Montenegro plans to extradite Do Kwon to the US over South Korea, the Wall Street Journal reports

Jump Crypto is the trading firm at the center of Terra-related market manipulation allegations

Both the SEC and the defendants have pushed for summary judgments — albeit for different reasons

In a deposition part of the SEC’s civil suit against Terraform Labs, Jump Crypto president Kanav Kariya avoids answering questions about an alleged back-door deal

The discovery cut-off date is Oct. 13 according to court documents

Terraform lawyers also asked the court overseeing the FTX case if they can issue subpoenas to gather wallet information in its case against the SEC

Coinbase also hired a Biden alum to head up its policy communications

Could Do Kwon return to Terra? The new interim CEO seems more than open to it, no matter when that might be

A class action lawsuit alleges Jump Trading was heavily involved in maintaining the dollar peg of failed algorithmic stablecoin Terra

Terra depegged from the US dollar this time last year — these charts show exactly how much it wrecked crypto markets

Do Kwon’s arrest is just the tip of the iceberg for South Korean prosecutors

South Korean authorities are moving to cut off Do Kwon’s access to cryptocurrencies purportedly held by Binance on his behalf

Terra founder Kwon and his business partner can only be extradited after court decision in Montenegro, but it’s unclear where they’ll end up