Do Kwon saga erupts into Montenegrin political scandal

Disgraced Terraform Labs Co-founder Do Kwon has an established narration with an influential Montenegrin politician, according to the Korean quality bureau Yonhap.

Montenegro’s Prime Minister revealed this accusation days earlier the country’s parliamentary elections – scheduled for June 11.

During a June 8 property conference, Prime Minister Abazović told reporters helium had received a handwritten enactment from Do Kwon detailing amerciable governmental donations made to Milojko Spajic, from the Europe Now party, since 2018.

According to Yonhap, foreigners cannot marque governmental donations oregon money predetermination campaigns, and each contributions indispensable beryllium reported to the Anti-Corruption Bureau.

Letters containing the aforesaid accusation were besides sent to Prime Minister Abazović, Justice Minister Marko Kovac, and the Special Prosecutor’s Office. Prime Minister Abazović responded by calling for an probe to find the information of the matter. He said:

“If it is existent that Spici’s interaction with Kwon Do-hyung is existent successful a concern wherever the United States and Korea are requesting extradition of Kwon Do-hyung, it is not bully for Montenegro. We indispensable not go a hotbed of planetary scammers.“

Spajic admitted moving for Terraform Labs successful the aboriginal days of the institution successful 2018 but denied receiving amerciable governmental donations. He said:

“It’s a conspiracy mentation fabricated to forestall ‘Europe now’ from winning the wide election.”

Spajic served arsenic Montenegro’s Finance Minister betwixt December 2020 and May 2022, with Yonhap stating helium was actively supporting the crypto manufacture during his clip successful office.

On March 23, Do Kwon was arrested attempting to alert from Podgorica Airport, ending a year-long manhunt pursuing the Terra ecosystem collapse.

Estimates enactment capitalist losses astatine $60 billion.

The station Do Kwon saga erupts into Montenegrin governmental scandal appeared archetypal connected CryptoSlate.