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 co-founder Do Kwon denies fraud charges in U.S. court after extradition, while facing allegations tied to $40B Terra collapse.

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.

Do Kwon, a South Korean cryptocurrency entrepreneur, pleaded not guilty to U.S. criminal fraud charges after losing an estimated $40 billion from digital currencies TerraUSD and Luna. Prosecutors allege that Kwon misled investors with false claims.

Terraform Labs Pte. co-founder Do Kwon pleaded not guilty to US fraud charges tied to the $40 billion collapse of the TerraUSD stablecoin.

Do Kwon, a key figure behind the failed TerraUSD and Luna digital currencies, faces U.S. court on fraud charges. In 2022, their collapse wiped out $40 billion in value. Extradited from Montenegro, he's accused of misleading investors about TerraUSD's stability,

South Korean cryptocurrency mogul Do Hyeong Kwon pleaded not guilty Thursday to a freshly unsealed indictment released in time for his first U.S. court appearance. Kwon entered the plea in Manhattan federal court two days after his extradition from Montenegro.

NEW YORK >> Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty today to U.S. criminal fraud charges, after being extradited from Montenegro this week.