Terraform Labs co-founder Do Kwon is making waves again! This time, he has pleaded not guilty to fraud charges in the US related to the $40 billion Terra LUNA collapse in 2022. Just two days ago, Do Kwon was extradited from Montenegro to the US. 🚀

• Do Kwon faces nine charges, including conspiracy to launder money and commodities fraud.

• The trial was presided over by Judge Robert Lehrburger, and despite pleading not guilty, Do Kwon agreed to be detained.

• The case is being handled by the same prosecutor's office that prosecuted FTX's Sam Bankman-Fried.

Will Do Kwon manage to avoid a heavy sentence? Let's discuss in the comments column!