🚀 Montenegrin PM Milojko Spajić was an early bird in Terraform Labs, investing $75K for 750K Luna tokens in 2018, which could've been worth $90M at peak! 😲

💥 But, Terraform's project failed in 2022, causing a $40B loss for investors globally. Luna's value tanked from $119 to nearly zero. Spajić could've lost nearly $90M if he held onto his tokens.

🔍 SEC docs show 14 individuals & 10 companies contributed $13.75M to the project's initial development.

🤔 Spajić claimed it was his employer, not him, who lost the investment. He didn't report owning Luna tokens to the Agency for the Prevention of Corruption, only declaring Bitcoin worth €150K.

🔨 Terraform Labs & Kwon have been held accountable, paying $4.37B in fines & interest. Kwon also contributed $200M to an investor compensation fund.

What's your take on this? 🤷‍♂️ #CryptoNews #DeFi #Investing