Do Kwon Pleads Not Guilty in First US Court Appearance
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The founder of Terraform Labs, Do Kwon, has been involved in an extradition battle for some time. A high court in Montenegro approved his extradition in February 2024, but he appealed several times. The battle ended on December 27, and US authorities apprehended him on New Year’s Eve. Today, he appeared in court and pleaded not guilty through his legal counsel. The US Justice Department is seeking prison time for his offenses, and his home country also wishes to see him behind bars.
