South Korea’s Do Kwon pleads not guilty to US fraud charges in $55b crypto collapse, Money News – AsiaOne

NEW YORK — Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated US$40 billion (S$54.6 billion) in 2022, pleaded not guilty on Thursday (Jan 2) to US criminal fraud charges after being extradited from Montenegro this week. Federal prosecutors in Manhattan on Thursday unsealed a nine-count indictment charging Kwon