🚨 The trial of Terraform Labs and its co-founder Do Kwon, related to the $40 billion collapse of cryptocurrencies TerraLuna (LUNC) and TerraUSD (UST), may be delayed.

• SEC agrees to a "small delay" until mid-April

• Kwon's extradition from Montenegro is still ongoing

• The former billionaire has filed an appeal against the decision of the Supreme Court of Montenegro on extradition

• Terraform Labs is accused of misleading users and investors about the stability of UST

The crypto winter of 2022 began with the collapse of Terra.