Do Kwon, Crypto Mogul, Pleads Not Guilty to Fraud Charges in U.S. Court - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Jamie Dimon and Elon Musk "Hug it Out" After Lawsuit Settlement
user-iconAtlas Winston
side-post-image
Ancient Marble Statue Discovered Abandoned in Garbage Bag Near Thessaloniki
user-iconGloria Terra
Contact Phone:
Politics

Do Kwon, Crypto Mogul, Pleads Not Guilty to Fraud Charges in U.S. Court

share-iconFriday, January 03 comment-icon2 weeks ago 9 views
News sources:
apnewsAPNEWS
Do Kwon, Crypto Mogul, Pleads Not Guilty to Fraud Charges in U.S. Court

Credited from: APNEWS

  • Do Hyeong Kwon, known as a cryptocurrency mogul, entered a not guilty plea in Manhattan federal court on Thursday.
  • This plea follows his extradition from Montenegro and is part of a freshly unsealed indictment.
  • The indictment claims Kwon misled investors about Terraform Labs' financial integrity between 2018 and 2022.
  • Authorities have linked Kwon to the $40 billion collapse of Terraform’s so-called stablecoin, TerraUSD.
  • Legal representatives entered not guilty pleas on his behalf, while Kwon was remanded to federal detention after the proceeding.

For full details, visit the original article here.

SHARE THIS ARTICLE:

TAGS:

Do kwon Cryptocurrency Fraud charges Terraform labs Court appearance
author-dp

Author:

Atlas Winston

A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

nav-post-picture
date-iconJanuary 03, 2025 Bayer Leverkusen Signs Promising Striker Alejo Sarco from Vélez Sarsfield
date-iconJanuary 03, 2025 49ers' Deommodore Lenoir Expresses Frustration Over Pro Bowl Snub
nav-post-picture
Related Posts
main-post-image
WORLD NEWS
Trump Grants Pardon to Ross Ulbricht, Silk Road Founder, in Controversial Move
date-iconJan 22, 2025
main-post-image
ECONOMY
Trump's Meme Coin Launch Causes Ripples in Crypto Community Amid Backlash
date-iconJan 22, 2025
main-post-image
ECONOMY
Donald Trump's Meme Coin Surges Over $10 Billion Market Value on Inauguration Day
date-iconJan 21, 2025
main-post-image
ECONOMY
Markets React Positively as Trump Begins Second Term with Pro-Business Expectations
date-iconJan 21, 2025
main-post-image
WORLD NEWS
Bitcoin Soars Over $109,000 Ahead of Trump's Inauguration Promising Crypto Reforms
date-iconJan 20, 2025
main-post-image
WORLD NEWS
Ferocious Winds Spark New Wildfire Threats in Southern California
date-iconJan 22, 2025

Stay Connected

main-post-image
World News
Coco Gauff Honors TikTok's Impact in U.S. After Australian Open Victory
date-icon January 19, 2025
main-post-image
Politics
Biden's Controversial Pardons for Fauci, Milley, and Jan. 6 Committee Members Spark Divisive Reactions
date-icon January 21, 2025
main-post-image
World News
Ichiro Suzuki, CC Sabathia, and Billy Wagner Elected to Baseball Hall of Fame
date-icon January 22, 2025
main-post-image
World News
US TikTok Users Turn to Xiaohongshu Amidst Looming Ban, But Face Cultural and Regulatory Hurdles
date-icon January 15, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Jamie Dimon and Elon Musk "Hug it Out" After Lawsuit Settlement
user-iconAtlas Winston
side-post-image
Ancient Marble Statue Discovered Abandoned in Garbage Bag Near Thessaloniki
user-iconGloria Terra
© 2025 All rights reserved | PRESS AI WORLD