🚨 Crypto News Flash: Do Kwon Pleads Not Guilty 🚨

- Do Kwon, the founder of the collapsed Terra Luna ecosystem, has pleaded not guilty to fraud charges in the U.S.

- Kwon's Terraform Labs was behind the luna cryptocurrency and terraUSD stablecoin, which lost $40 billion in 2022.

- He faces charges including securities and wire fraud, with allegations of misleading investors about terraUSD's stability.

- After being arrested in Montenegro for passport forgery, Kwon was extradited to the U.S. and is detained until his next court date on Jan. 8.

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