![Do Kwon Wants To Delay SEC’s Terraform Trial so That Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk](https://btcusa.com/wp-content/uploads/2024/01/Do-Kwon-Wants-To-Delay-SECs-Terraform-Trial-so-That-678x381.png)
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The decision effectively puts a time-out on the ongoing tug-of-war over Kwon between South Korea and the United States. Both countries want to try Kwon for criminal charges, including fraud, relating to the $40 billion collapse of the Terra ecosystem in May 2022.
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