Do Kwon Pleads Not Guilty
This is a Manhattan news story, published by CoinGape, that relates primarily to Kwon news.
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•Terraform Labs founder Do Kwon pleads not guilty to fraud charges in U.S. court
50% Informative
Federal prosecutors in Manhattan charged Terraform Labs co-founder Do Kwon with securities fraud, wire fraud, commodities fraud, conspiracy, and a new count of money laundering conspiracy.
The charges are linked to the $40 billion collapse of the TerraUSD and Luna cryptocurrencies, which disrupted global cryptocurrency markets in 2022 .
Kwon has pleaded not guilty to multiple fraud charges in a Manhattan federal court on Thursday .
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