🌋 Early Investor: Montenegrin PM Linked to Terraform Labs

posted  19 Jun 2024
Photo - Early Investor: Montenegrin PM Linked to Terraform Labs
US SEC documents reveal that Montenegrin Prime Minister Milojko Spajić invested €75,000 (around $80,000) for 750,000 Terra (LUNA) tokens in April 2018. At their highest value, these tokens would have been worth about $90 million.

Prior to the release of these court documents, Spajić maintained that he never personally invested in Terraform Labs, attributing the investment to his employer, Singapore’s Das Capital SG, where he worked from 2017 to 2020.
Do Kwon is a swindler who defrauded millions of people, including my friends and the company I worked for, which invested in this project in early 2018,
Spajić remarked in June 2023.
Additionally, it’s reported that Spajić met with Terraform founder Do Kwon several times in 2018 to discuss Das Capital SG’s investment in Terraform.

Notably, it was in Montenegro where Do Kwon was arrested and is currently detained. An intriguing coincidence?