Do Kwon has pleaded guilty to conspiracy to defraud and wire fraud in relation to the $40B collapse of Terraform Labs.

Both parties have already delayed the pre-trial motion submission date twice and have now asked a judge to grant another two-week extension.

Do Kwon’s lawyers hinted at altering a money laundering charge while they continue to hold “productive” talks with US prosecutors.

A judge accepted a request from Do Kwon and the US government to delay the next court hearing so they can avoid unwanted pretrial wrangling.

The court, siding with the US government, delayed the status conference by a month so Do Kwon’s defence can review the “voluminous discovery.”