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flag South Korean crypto boss Do Kwon pleads not guilty to fraud charges in $40B crypto collapse.

flag South Korean crypto mogul Do Kwon, accused of orchestrating fraudulent schemes involving Terraform's cryptocurrencies, pleaded not guilty in a New York court. flag The U.S. Justice Department charges him with securities fraud, wire fraud, and money laundering, among others. flag If convicted, Kwon could face up to 130 years in prison for his role in a $40 billion investor loss in 2022.

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