🚀🌕 Heads up, BTC enthusiasts! Montenegrin Prime Minister, Milojko Spajić, known for his early investment in Terraform Labs, is in hot water! 💦

📜 Court documents reveal Spajić invested a cool $75,000 in April 2018, snapping up 750,000 Luna tokens. At their peak, these tokens were worth a whopping $90 million! 😮💰

However, Terraform Labs' crypto project bit the dust in 2022, leading to losses over $40 billion for investors worldwide. 📉😱 Spajić, who was the 16th investor during Terraform's initial fundraising, could face a potential loss of $90 million. Ouch! 💔

Despite the risks, Spajić bought Luna tokens at a low price of $0.10 each on the first day of fundraising. SEC documents show that 14 individuals and 10 companies contributed about $13.75 million to the project's initial development and research. 🧪💡

But here's the twist! 🌀 Spajić didn't report owning Luna tokens to the Agency for the Prevention of Corruption. Instead, he declared owning Bitcoin worth €150,000 in his 2020 and 2021 reports. 🤔💼

The SEC has since held Terraform Labs and its founder, Do Kwon, accountable for defrauding investors, requiring them to pay $4.37 billion in fines and interest. Kwon also has to contribute $200 million to an investor compensation fund. 🏦💸

So, while the Terraform Labs saga continues, remember to keep your eyes on the prize: BTC! 🎯🚀