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Du Quoin, the founder of Terra LUNA, which collapsed in 2022, made his first US court appearance yesterday. Cowan has denied several charges against him, including money laundering.
Requested 130 years.
Du Quoin, who was extradited to US authorities in Montenegro on the morning of December 31 and appeared in court in Manhattan yesterday, is charged with fraud, commodities fraud, market manipulation, online fraud, securities fraud and He was charged with conspiracy to commit money laundering. They make accusations. Prosecutors also say Cowen created a financial world based on lies and are seeking up to 130 years in prison for Cowen.
“He was in a good mood.”
Matthew Russell Lee from Inner City Press also followed the hearing on site. Lee wrote in his deposition that Kwon was constantly talking to one of his attorneys, was cheerful and occasionally laughed.
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