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Do Kwon pleaded not guilty to fraud charges at a Manhattan federal court hearing

Crypto firm Terra co-founder Do Kwon pleaded not guilty to fraud charges in the United States at a Manhattan federal court hearing. He filed his plea Thursday afternoon before U.S. District Judge Robert Lehrburger for the Southern District of New York in Manhattan. Do Kwon faces multiple charges of securities fraud, wire fraud, money laundering, and commodity fraud for his role in the collapse of the Terra ecosystem in 2022.