💨 Abstract

Cryptocurrency entrepreneur Do Kwon, accused of fraud in the collapse of TerraUSD and Luna currencies in 2022, is set to appear in U.S. court on Thursday following his extradition from Montenegro. He faces criminal charges, including securities fraud, for allegedly misleading investors about the stability of TerraUSD. Kwon, who reached a $4.55 billion settlement with the U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖