Fallen crypto tycoon Do Kwon faces trial no 25 March on claims that he defrauded people who bought a cryptocurrency that collapsed two years ago, setting off a chain reaction that led to trading-firm failures and losses for investors around the world.
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640px){.css-1ku37rk{margin-inline:8px;}}Resize.css-gly1v4-Layout-baseCss{margin:0 0 22px 0;background:var(--primary-background-color);width:100%;margin:32px 32px 32px 0px;clear:both;margin-bottom:22px;}.css-gly1v4-Layout-baseCss:nth-of-type(1){margin-top:0;}.css-x5rdl7-Figure{margin:0;}.css-x5rdl7-Figure amp-img,.css-x5rdl7-Figure img{display:block;margin-bottom:8px;max-width:100%;width:100%;height:auto;position:static;}.css-1fxqw04{position:relative;width:100%;display:block;padding-top:66%;height:0;width:100%;border-radius:0px;background-color:rgba(239,235,231,1);}.css-1fxqw04 svg{fill:rgba(134,147,155,1);}.css-5pczz7{top:0;left:0;position:absolute;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;width:100%;height:100%;margin:0;}.css-1t2lz8m{opacity:0;display:block;border-radius:inherit;top:0;left:0;position:absolute;}@-webkit-keyframes fadeIn{from{opacity:0;}to{opacity:1;}}@keyframes fadeIn{from{opacity:0;}to{opacity:1;}}.css-13dclxy-FigcaptionItem{color:var(--secondary-text-color);font-family:var(--article-caption-font-family);font-weight:var(--font-weight-light);direction:var(--article-direction);}.css-13dclxy-FigcaptionItem style[data-emotion]{display:none;}.css-jb39dk-CaptionSpan{font-size:calc((14 / var(--article-base-font-size)) * var(--article-text-size-scale) * 1rem);line-height:calc(20 / 15);margin-bottom:4px;}Montenegro's police escorting Do Kwon this month .css-7jz429-Credit{direction:var(--article-direction);font-size:14px;line-height:calc(20 / 15);text-transform:uppercase;}Photo: Filip Filipovic/Getty Images.css-1iniw0c{font-size:calc(var(--article-text-size-scale) * 1rem);}.css-1fa2tud{margin:0;color:rgba(77,97,114,1);font-family:Publico Text,times,serif;font-size:16px;line-height:1.5;font-weight:400;letter-spacing:0px;font-style:normal;text-transform:none;font-stretch:normal;font-size:calc(var(--article-text-size-scale) * 1rem);}.css-1fa2tud svg{fill:rgba(77,97,114,1);}.css-1fa2tud fontMetrics{cap-height:693px;ascent:781px;descent:-219px;line-gap:200px;units-per-em:1000px;}Fallen crypto tycoon Do Kwon faces trial no 25 March on claims that he defrauded people who bought a cryptocurrency that collapsed two years ago, setting off a chain reaction that led to trading-firm failures and losses for investors around the world.
The Securities and Exchange Commission will open its civil case in Manhattan federal court against Kwon and his company, Terraform Labs, even though Kwon won’t be there.
La Securities and Exchange Commission ouvrira son procès civil devant le tribunal fédéral de Manhattan contre Kwon et sa société, Terraform Labs, même si Kwon ne sera pas là.
