Terraform Labs co-founder Do Kwon pleads not guilty before a US federal judge in New York to nine counts, including wire fraud, over the $40B TerraUSD collapse

- Kwon was extradited from Montenegro earlier this week — He is also facing fraud prosecution in his native South Korea

Bloomberg 2025-01-03 Bob Van Voris

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@innercitypress @innercitypress on x
[Do Kwon is flipping through the superseding indictment - then tutns to his second lawyer] Judge: How do you plead? Not guilty [through counsel Chesley who adds, We consent to detention without prejudice
@watcherguru @watcherguru on x
JUST IN: 🇺🇸 Do Kwon pleads not guilty to US fraud charges over $40 billion Terra collapse.
@innercitypress @innercitypress on x
OK - now in courtroom for US v. Do Kwon presentment after his extradition in from Montenegro for Terraform crypto fraud - Inner City Press will cover the case(s) https://www.patreon.com/... and live tweet, thread below [image]
@autismcapital @autismcapital on x
🚨 NEW: Do Kwon has plead NOT GUILTY to charges brought against him by the SEC. He was in detention in Montenegro but on Dec 31st he was extradited to the US. He is currently in detention and unlikely to receive bail. His next court date is Jan 8th. [image]
@sunil_trades Sunil on x
Today Do Kwon pled not guilty to fraud charges in the US Court in Manhattan. He faces nine counts, including wire, securities and commodities fraud. Lol - all his tweets calling others poor - not going to work out well for him
@sdnynews @sdnynews on x
Do Kwon extradited to the United States from Montenegro to face charges relating to fraud resulting in $40 billion in losses https://www.justice.gov/...
@aosipovich Alexander Osipovich on x
In his first appearance in a US court today, Do Kwon pled not guilty to all charges. In a new superseding indictment, prosecutors cited a recorded call from August 2022 in which Kwon said “tell them to fuck off,” referring to law enforcement agencies https://www.wsj.com/...
@thejusticedept @thejusticedept on x
Do Kwon Extradited to the United States from Montenegro to Face Charges Relating to Fraud Resulting in $40B in Losses https://www.justice.gov/...
@innercitypress @innercitypress on x
On Do Kwon, 3 hours after arraignment Inner City Press live tweeted, now quote by AG Garland: “Do Kwon will now be held accountable in an American courtroom... We secured this extradition despite Kwon's alleged attempt to cover his tracks by laundering proceeds”

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Terraform Labs co-founder Do Kwon pleads not guilty before a US federal judge in New York to nine counts, including wire fraud, over the $40B TerraUSD collapse

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