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LAST MINUTE IN THE BIG MARKETING: DO KWON'S LEGAL TEAM SAYS "ONE MORE EXTENSION!"
#CryptoObservers
#gateio #escoin #elg #EscoinToken
Do Kwon's legal team has requested more time to submit their pre-trial demands in the U.S. After additional documents requested by the prosecutor and the examination of 4 TB of evidence, the parties requested an additional two weeks for the continuation of "productive discussions." This application is considered a critical step towards a settlement between the prosecution and defense under HMK 127 recognized in the American legal system; if the request is granted, the extension will not exceed one month.
The extension of the negotiation period between the parties could have significant effects on the market, especially for Terra Classic tokens like LUNC and USTC. Indeed, this additional process is seen as a major opportunity that could lead to price volatility in the crypto community.
Meanwhile, the first pretrial conference in the US is scheduled for March 2025, and the jury trial is planned for January 2026. This timeline indicates that while the defense gains time for an intensive evaluation of evidence, the process will likely take longer.
RESULT: The additional time requested by Do Kwon's lawyers demonstrates the seriousness of the pre-trial negotiations. This could be decisive in shaping both the judicial strategy and the balances of LUNC-USTC in the crypto market in the upcoming process. Granting the parties more preparation time before the final decision is a critical development for the process to operate transparently and comprehensively.