Terra Luna’s Do Kwon To Face Criminal Fraud Charges In US

Do Kwon, co-founder of Terraform Labs, the incubator of TerraUSD (CRYPTO: USTC) and Luna (CRYPTO: LUNC), is set to face criminal fraud charges in a U.S. court following his extradition from Montenegro.

What Happened: Kwon is expected to appear before U.S. Magistrate Judge Robert Lehrburger in a Manhattan federal court on Thursday afternoon, according to the South China Morning Post.

Kwon has been charged with multiple counts of commodities fraud, conspiracy, securities fraud …

Full story available on Benzinga.com

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