🚨New court filings reveal Montenegro PM, Milojko Spajic, invested $75,000 in Terraform Labs, the company behind the failed Terra Luna coin, before its collapse. Spajic's investment potentially soared to over $140m at LUNA's peak. This raises questions as Terraform Labs' founder, Do Kwon, sought refuge in Montenegro while evading prosecution. The implications are significant, adding complexity to Kwon's legal proceedings.🔍 What are your thoughts on this unfolding saga?

In related news, Terraform Labs and Kwon have settled with the SEC for $4.47 billion. The company will cease operations and Kwon is permanently banned from the crypto industry.

This highlights the volatility and legal complexities in the crypto ecosystem, with several high-profile crypto companies filing for bankruptcy recently. What do you think about the risks involved in crypto investments? 💭📉