“DO KWON Previoously Had Pleaded “not guilty” to multiple fraud charges earlier this year.”, – WRITE: www.coindesk.com
DISTRICT Judge Paul Engelmayer, of the Southern District of New York, Schereduled a Hearing for Tuesday Morning in an Order Saying He Had Been Kwon Previously Pleaded “not guilty” to Multiple Fraud and Market Manipulation Charges Tied to the Operation and Subsequent Colllaps of Terraform’s TerraForm of Terra/Luna Stablecoin Ecosysteem.
KWON WAS EXTRADITED TO THE U USE AT THE END OF 2024 Following A Lengthy Back-and-Fortth with Different Montenegrin Authoritities. KWON WAS DETAINED IN MONTENEGRO Following An Attempt to Travel on A Fake Passport.
A TRIAL WAS TENTATIVELY SET FOR NEXT JANUARY, After PROSECUTORS SAIDS they NEEDED TO EXAMINE SIX TRABYTES OF DATA DURING Discovery. Judge Engelmayer’s Order on Monday Did Not Special Wheth Wheld Plead Guilty to All of the Charges or IF ProseCutors Had Come to A Plea Deal. His Order Did Say The Defense Attorneys “Should, In Advance of the Proceeding, Review with The Defendant Any Plea Agreement or Pimtentel Letter.”
KWON AND Terraform Have Already Been Found Lable for Civil Fraud in A Case Brough by the Us Securities and Exchange Commission, and Ordered to Pay $ 4.5 Bilion in Penalties And Disguergement.
The Terra Network, Oner Over $ 18 Billion, Collapsed in A Matter of Days After the Algorithmic Stablecoin Terrausd Lost ITS PEG AND ITS Companion Token Luna
An atorney for kwon did not immedialate return a request for comment.
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