he did nothing more that each and everyone is doing in here. he protected what he could back then and outplayed the market.its like accusing those who sold and drop btc at 15k back

🚨 Breaking News: Do Kwon Pleads Not Guilty to Fraud Charges in US Court 🚨

In a surprising development, Do Kwon, co-founder of Terraform Labs, has entered a not guilty plea regarding fraud charges in a US court today. ⚖️ Once celebrated as a pioneer in the cryptocurrency space, Kwon now faces serious accusations linked to the downfall of TerraUSD and LUNA, which resulted in billions of dollars lost and left countless investors devastated. 😔💸

The allegations against him include wire fraud, conspiracy, and market manipulation, all associated with his position at Terraform Labs. The collapse created significant turmoil in the crypto community 🌐, raising concerns about investor confidence and prompting many to question whether this marks the end of an era for the largely unregulated crypto market. 💥🔗

Kwon’s defense team contends that the charges are exaggerated and insists that his actions were not fraudulent. They argue that the decline of TerraUSD and LUNA was simply a market mishap rather than deliberate wrongdoing. However, prosecutors are adamant, claiming he misled investors and artificially inflated the worth of his assets. ⚖️👩‍⚖️

As his trial unfolds, all eyes are on Kwon as he navigates this critical moment—his freedom and reputation are at stake. 🔍💼 What lies ahead for this controversial figure in the crypto world? Stay tuned for updates!