This is a Luna news story, published by Ars Technica, that relates primarily to Hyeong Kwon news.
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Hyeong KwonArs Technica
•67% Informative
Do Hyeong Kwon , 33 , is accused of defrauding investors of Luna and TerraUSD.
He built a financial empire on the cryptocurrency and the "stablecoin" TerraUSD, which cost investors $40 billion .
Do Kwon was arrested in Montenegro in March 2023 , and extradited to the US in December 2024 .
He pled "not guilty" to fraud charges in New York today .
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