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Do Kwon's Civil Trial: Did He Pull a Fast One?
權的民事審判:他拉得很快嗎?
Ground Rules: Keep It Concise
基本規則:保持簡潔
Okay, so this trial for Terraform Labs' founder Do Kwon started this week in Manhattan. Judge Jed S. Rakoff has set some pretty strict rules to keep things moving, including a four-word limit on objections. If you're not prepared, he's gonna get grumpy, fast.
好的,Terraform Labs 創始人 Do Kwon 的審判本週在曼哈頓開始。法官 Jed S. Rakoff 制定了一些相當嚴格的規則來讓事情順利進行,其中包括對反對意見的四個字的限制。如果你沒有做好準備,他很快就會變得脾氣暴躁。
Jury Duty: Diversity Rules
陪審團職責:多元化規則
They're going with a jury of nine, mostly minorities. After some back and forth, they settled on three men and six women. Not bad for representation.
他們的陪審團由九人組成,其中大多數是少數族裔。經過一番反覆討論,他們最後選定了三男六女。對於代表來說還不錯。
SEC: Déjà Vu All Over Again
SEC:似曾相識的感覺再次出現
The SEC came out swinging, saying Terraform was a "fraud, a house of cards." Sound familiar? Yeah, they're echoing the same language they used in the FTX case.
美國證券交易委員會 (SEC) 出面表示,Terraform 是「一場騙局,紙牌屋」。聽起來有點熟?是的,他們正在呼應 FTX 案件中使用的相同語言。
Terraform: Failure Is Not a Crime
Terraform:失敗不是犯罪
Terraform's lawyer, David Patton, isn't having it. He's arguing that just because Terraform failed doesn't mean it was a scam. Failure happens in business.
Terraform 的律師 David Patton 並不同意。他認為,僅僅因為 Terraform 失敗並不意味著它是一個騙局。失敗發生在商業。
Timeline of a Debacle
崩潰的時間表
This whole thing started in 2022 when Terraform Labs crashed. Kwon got arrested in Montenegro for fraud, but there were delays with his extradition. Then his lawyers asked the court to push back the trial from January to late March.
整件事始於 2022 年 Terraform Labs 崩潰時。權因詐欺在黑山被捕,但引渡卻延誤。隨後他的律師請求法院將審判從一月推遲到三月下旬。
Trial Without the Main Man
沒有主角的審判
Now, the trial's going down, but Kwon's still not there. His extradition is still up in the air, so he's not able to attend.
現在,審判正在進行中,但權仍然沒有到場。他的引渡仍懸而未決,因此他無法出席。
Ground Rules: Objectionable Precision
基本規則:令人反感的精度
Judge Rakoff's "ground rules" for the trial include "4-word objections." If you're gonna object, you gotta do it quick and clean. No "Sustained" here. Just "Objection, lack of foundation."
拉科夫法官的審判「基本規則」包括「四字反對」。如果你要反對,你必須快速而乾淨地反對。這裡沒有「持續」。只是「反對,缺乏根據」。
Jury Selection: A Balanced Perspective
評審團遴選:平衡的視角
They've got a jury of nine, with three men and six women. Most of them are minorities, so that's a good sign. It's important to have a diverse panel to represent the different viewpoints in this case.
他們有九名陪審團,其中三男六女。他們大多數是少數民族,所以這是一個好兆頭。在這種情況下,有一個多元化的小組來代表不同的觀點非常重要。
SEC's Opening Salvo: Fraudulent Foundations
SEC 開場:詐欺性基金會
The SEC is coming out guns blazing, calling Terraform a "fraud." They're saying that the company was built on shaky ground and that investors lost everything when it came crashing down.
美國證券交易委員會 (SEC) 出面猛烈抨擊 Terraform 是「詐欺」。他們說,該公司是建立在搖搖欲墜的基礎上的,當它崩潰時,投資者失去了一切。
Terraform's Defense: Failure Doesn't Equal Fraud
Terraform 的辯護:失敗不等於詐欺
Terraform's lawyer, David Patton, is countering the SEC's allegations. He's arguing that just because Terraform failed doesn't mean it was a fraud. Failure is a part of business, and it doesn't automatically mean that someone committed fraud.
Terraform 的律師 David Patton 正在反駁 SEC 的指控。他認為,僅僅因為 Terraform 失敗並不意味著它是一個騙局。失敗是商業的一部分,並不代表有人犯了詐欺行為。
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