Montenegro’s Prime Minister personally invested in Do Kwon’s cryptocurrency
U.S. court data shows that Spajic invested in Terraform Labs in 2018; Spajic's investment was reportedly worth nearly $90 million.

U.S. court data shows that Spajic invested in Terraform Labs in 2018; Spajic's investment was reportedly worth nearly $90 million.
The first application of tokenization was stablecoins, and the next tokenized asset to gain wider adoption was gold. The latest wave of tokenization has focused on two different markets: U.S. Treasuries and closely related assets, and credit products.
Mehdi Brahimi, head of institutional business at L1, said the integration of on-chain real-world assets and wallet infrastructure will replace intermediaries and become the standard for the modern asset management lifecycle.
Montenegro Appeals Court halts Do Kwon's extradition, citing procedural issues, complicating the international legal case.
Montenegro explores hydroelectric-powered Bitcoin bonds for economic growth.
Terra co-founder Do Kwon confronts extended Montenegro detention amid extradition, intertwining with Terra's 2022 collapse fallout in the crypto market.
Previously, Kwon claimed that he had no idea the passport he carried when caught was fake.
Do Kwon, a South Korean national, is the former CEO of South Korea-based Terraform Labs, the company behind the stablecoin TerraUSD that collapsed in May 2022, roiling cryptocurrency markets.
He is also wanted in the US and South Korea
Per a report from Bankless, Terra (LUNA) co-founder Do Kwon was allegedly arrested in the region of Podgorica, Montenegro.