ChainCatcher news, according to Cointelegraph, a court document submitted by the U.S. Securities and Exchange Commission (SEC) reveals that Montenegro's Prime Minister Milojko Spajic, who took office in October last year, was one of the early investors in Terra. He invested $75,000 in Singapore's Terraform Labs in April 2018, purchasing 750,000 LUNA.Before the court document was made public, the Prime Minister of Montenegro claimed that he had never personally invested in failed cryptocurrency projects. The Prime Minister stated that the company he worked for was scammed out of $75,000, rather than him personally.

ChainCatcher news, according to Protos citing Montenegrin media reports, Terraform co-founder Do Kwon and former executive Han Chang-joon not only purchased luxury apartments in the Serbian capital of Belgrade before heading to Montenegro, but they may have met with Montenegrin Prime Minister Milojko Spajić at some point before their arrest. Former Montenegrin Prime Minister and current MP Dritan Abazović stated that these two may not only be in contact with the Serbian elite and evading law enforcement but also have larger schemes.Abazović claimed that sources informed him that Do Kwon and the country's Prime Minister Milojko Spajić met at Topalovićeva 4 in Belgrade, and Spajić may have reached an agreement with Do Kwon to purchase millions of dollars worth of Terra/Luna tokens for a hedge fund registered in Bulgaria and headquartered in Singapore called Das Capital. Spajić was able to buy these tokens at 10 cents and sell them for 118 dollars, although there is no evidence to support this claim.It is worth noting that Spajić did indeed work at Das Capital, but it is unclear when he last assisted the company with transactions and whether the hedge fund was involved in cryptocurrency.

ChainCatcher news, according to Bitcoin Magazine, the Prime Minister of Montenegro met with JAN3 CEO Samson Mow to discuss the possibility of issuing "Bitcoin Hydro Bonds" to leverage its river network.