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<p>The post <a href="https://coinpedia.org/crypto-live-news/montenegrin-pms-hidden-investment-in-terraform-labs-revealed/" rel="noopener noreferrer nofollow">Montenegrin PM’s Hidden Investment in Terraform Labs Revealed</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>An April court document recently revealed that Montenegrin Prime Minister Milojko Spajic invested $75,000 in Terraform Labs by purchasing 750,000 Terra (LUNA) tokens before its official registration in Singapore. This revelation is controversial as it contradicts Spajic’s previous claims of not personally investing in the failed crypto project. The documents clearly indicate Spajic as one of the earliest investors, with a contract dated April 17, 2018. Terraform Labs, which supported the LUNA and TerraUSD (UST) tokens, collapsed in May 2022, resulting in a $40 billion market loss. This new finding presents a potential significant issue for Spajic, challenging his future crypto operations.</p>

Montenegrin PM’s Hidden Investment in Terraform Labs Revealed

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