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Do Kwon's Civil Trial: Did He Pull a Fast One?
权的民事审判:他拉得很快吗?
Ground Rules: Keep It Concise
基本规则:保持简洁
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 创始人 Do Kwon 的审判本周在曼哈顿开始。法官杰德·S·拉考夫 (Jed S. Rakoff) 制定了一些相当严格的规则来让事情顺利进行,其中包括对反对意见的四个字的限制。如果你没有做好准备,他很快就会变得脾气暴躁。
Jury Duty: Diversity Rules
陪审团职责:多元化规则
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.
他们的陪审团由九人组成,其中大多数是少数族裔。经过一番反复讨论,他们最终选定了三男六女。对于代表来说还不错。
SEC: Déjà Vu All Over Again
SEC:似曾相识的感觉再次出现
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.
美国证券交易委员会 (SEC) 出面表示,Terraform 是“一场骗局,纸牌屋”。听起来有点熟?是的,他们正在呼应 FTX 案件中使用的相同语言。
Terraform: Failure Is Not a Crime
Terraform:失败不是犯罪
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 的律师 David Patton 并不同意。他认为,仅仅因为 Terraform 失败并不意味着它是一个骗局。失败发生在商业中。
Timeline of a Debacle
崩溃的时间表
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.
整件事始于 2022 年 Terraform Labs 崩溃时。权因欺诈在黑山被捕,但引渡却出现延误。随后他的律师请求法院将审判从一月推迟到三月下旬。
Trial Without the Main Man
没有主角的审判
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.
现在,审判正在进行中,但权仍然没有到场。他的引渡仍悬而未决,因此他无法出席。
Ground Rules: Objectionable Precision
基本规则: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."
拉科夫法官的审判“基本规则”包括“四字反对”。如果你要反对,你必须快速而干净地反对。这里没有“持续”。只是“反对,缺乏根据”。
Jury Selection: A Balanced Perspective
评审团遴选:平衡的视角
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.
他们有九名陪审团,其中三男六女。他们大多数是少数民族,所以这是一个好兆头。在这种情况下,有一个多元化的小组来代表不同的观点非常重要。
SEC's Opening Salvo: Fraudulent Foundations
SEC 开场:欺诈性基金会
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.
美国证券交易委员会 (SEC) 出面猛烈抨击 Terraform 是“欺诈”。他们说,该公司是建立在摇摇欲坠的基础上的,当它崩溃时,投资者失去了一切。
Terraform's Defense: Failure Doesn't Equal Fraud
Terraform 的辩护:失败并不等于欺诈
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 的律师 David Patton 正在反驳 SEC 的指控。他认为,仅仅因为 Terraform 失败并不意味着它是一个骗局。失败是商业的一部分,并不意味着有人犯了欺诈行为。
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