Alleged crypto fraudster Do Kwon was facing multiple federal charges in the United States Thursday after being extradited from Montenegro. He was a fugitive wanted in the 2022 $40 billion TerraUSD collapse.

By Luc Cohen NEW YORK (Reuters) -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.

South Korean cryptocurrency mogul Do Kwon has pleaded not guilty to a freshly unsealed indictment released in time for his first U.S. court appearance.

Terraform Labs Pte. co-founder Do Kwon made his first appearance in New York federal court to face fraud charges tied to the $40 billion collapse of the TerraUSD stablecoin.

Do Kwon pleads not guilty in Manhattan as US fraud trial begins, facing charges related to the TerraUSD and Luna collapse.

South Korean Terraform Labs co-founder extradited from Montenegro to face charges in US. Prosecutors say he misled investors about TerraUSD.

PODGORICA, Montenegro (AP) — Montenegro on Tuesday extradited a South Korean mogul known as “the cryptocurrency king” to the United States, following a decision of its justice ministry earlier this month to accept a U.S. request, while refusing a South Korean handover plea, the Balkan country’s authorities said.