đšNew 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.đ 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? đđ