Golden Finance reported that Do Kwon, the co-founder of the crypto company Terra, pleaded not guilty to fraud charges in the Manhattan federal court hearing. He submitted his plea on Thursday afternoon local time before Judge Robert Lehrburger at the U.S. District Court for the Southern District of New York. Do Kwon faces multiple charges of securities fraud, wire fraud, money laundering, and commodity fraud due to his role in the collapse of the Terra ecosystem in 2022.