🔴 According to Montenegrin media outlet Vijesti, Prime Minister Milojko Spajić invested $75,000 in Singapore’s Terraform Labs in April 2018, purchasing 750,000 Terra (LUNA) tokens. However, Spajić claimed that his company, Das Capital SG, was the one that invested in Terraform Labs.
🔴 In April 2024, a jury found Terraform Labs and its co-founder Do Kwon guilty of fraud in a civil lawsuit filed by the SEC. Kwon was arrested in March 2023 by international law enforcement after months of evading capture. Interestingly, he was apprehended in Montenegro.