Crypto magnate Do Kwon pleads innocent in very first United States court look
South Korean cryptocurrency magnate Do Kwon has actually pleaded innocent to a newly unsealed indictment launched in time for his very first U.S. court lookByLARRY NEUMEISTER Associated PressNEW YORK CITY-- South Korean cryptocurrency magnate Do Hyeong Kwon pleaded innocent Thursday to a newly unsealed indictment launched in time for his very first U.S. court look.Kwon went into the plea in Manhattan federal court 2 days after his extradition from Montenegro.The indictment declares that the guy called by some as "the cryptocurrency king" lied to financiers from 2018 to 2022 to trick them into putting cash into Terraform Labs, the Singapore crypto company he cofounded.Authorities state financiers around the world were damaged by the $40 billion crash of Terraform Labs' cryptocurrency.The Ma...