Do Kwon pleads not guilty to US fraud charges in $40 billion crypto collapse
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal fraud charges after being extradited from Montenegro this week.
Kwon's Terraform Labs developed the luna cryptocurrency and stablecoin terraUSD, which folded in 2022, losing an estimated ...
Bitcoin rebounds from December lows as Terraform Labs’ Do Kwon denies major US fraud charges. Meanwhile, the IRS delays new ...
Do Kwon pleads not guilty in Manhattan as US fraud trial begins, facing charges related to the TerraUSD and Luna collapse.
After serving some time in a Montenegro prison, Kwon battled extradition to both Korea and the US. This delayed the process by some months, but on December 31, 2024, he was shipped off to US ...
Terraform Labs' Do Kwon pleads not guilty to US fraud charges in court, marking a major turn in crypto's $40B collapse saga.
He had been on the run for months, fleeing South Korea and later Singapore, before his company went bankrupt in 2022.
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