### Fate of Terra Founder Do Kwon Hangs in the Balance as SEC Visits Montenegro
A pivotal meeting has taken place concerning Do Kwon, the founder of Terra (LUNA), whose collapse sent shockwaves through the cryptocurrency market. Montenegrin Minister of Justice Andrej Milović and Dragutin Đeković, Director General of Capital, International, and EU Fund Projects, recently met with representatives from the U.S. Securities and Exchange Commission (SEC).
The SEC delegation included Gurbir Grewal, Director of Investigations; David Hirsch, Head of the Crypto Asset and Cyber Unit (CACU); Jorge Tenreiro, Deputy Director of CACU; Matthew Greiner, Deputy Director of the Office of International Affairs (OIA); and Marley Miller, Senior Special Counsel of OIA.
During the meeting, Minister Milović received a comprehensive overview of the SEC’s functions, especially in monitoring and protecting investors involved in stock market and cryptocurrency trading. The discussion covered the legal framework, available remedies for investors, and the SEC's actions in various scenarios.
A key focus of the meeting was the SEC’s investigation into Do Kwon. Minister Milović was updated on the investigation's findings and the ongoing legal proceedings against Kwon in the United States.
Minister Milović highlighted the importance of international cooperation in protecting investors and combating financial market fraud, expressing gratitude to the SEC for their detailed presentation and valuable insights.
