The Securities and Exchange Commission (SEC) is seeking to depose Terraform Labs co-founder Do Kwon in the U.S. by Oct. 13, according to a legal filing reviewed by CryptoSlate. This comes despite Kwon currently being detained in Montenegro pending potential extradition.
Kwon’s legal team argues it is impossible for him to appear for a deposition in the U.S., given his detention abroad. They have proposed the SEC depose Kwon in Montenegro per their prior request. However, the SEC has rejected this and insists on setting a U.S. deposition date before the discovery cutoff despite Kwon’s circumstances.
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