Prime Minister Spajic was among the early investors who invested in Terraform Labs just days before it was registered in Singapore on April 23, 2018.
Nearly a week after Terraform Labs settled with the United States Securities and Exchange Commission (SEC), new findings from an April court document have reignited another controversy around the failed crypto project.
According to a report from the Montenegrin media outlet Vijesti, Prime Minister Milojko Spajic, who took office in October 2023, invested $75,000 in Singapore-based Terraform Labs in April 2018 to purchase 750,000 Terra (LUNA) tokens.
According to the report Spajic was among the early investors who invested in the firm just days before its formation. Terraform Labs LTD was registered in Singapore on April 23, 2018.
