Do Kwon, co-founder of Terraform Labs, has appeared before a US judge. He pleaded not guilty to charges accusing him of orchestrating schemes to defraud cryptocurrency purchasers. These allegations add to the growing list of legal challenges faced by individuals in the crypto industry.
The indictment highlights the risks and complexities within the crypto world. As the case unfolds, it may shed light on the practices and operations within Terraform Labs and potentially impact the broader cryptocurrency sector.