
{"id":4938,"date":"2024-09-09T16:01:10","date_gmt":"2024-09-09T16:01:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=4938"},"modified":"2024-09-09T16:01:10","modified_gmt":"2024-09-09T16:01:10","slug":"montenegros-pm-caught-in-scandal-over-terra-founder-do-kwon-deal-and-meetings","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=4938","title":{"rendered":"Montenegro\u2019s PM Caught In Scandal Over Terra Founder Do Kwon Deal And Meetings"},"content":{"rendered":"<p>In a recent interview, President Jakov Milatovi\u0107 of Montenegro accused Prime Minister Milojko Spaji\u0107 of lying about his knowledge of Do Kwon, the controversial co-founder of Terraform Labs, during a pivotal moment surrounding Kwon\u2019s arrest in Podgorica.\u00a0<\/p>\n<p><a href=\"https:\/\/en.vijesti.me\/news-b\/politika\/723072\/milatovic-spajic-told-me-at-the-party-meeting-that-he-doesn%27t-know-the-kwon\" target=\"_blank\" rel=\"noopener\">According <\/a>to Milatovi\u0107, Spaji\u0107 claimed ignorance of Do Kwon\u2019s identity on the day of his arrest, despite having previously engaged in a <a href=\"https:\/\/bitcoinist.com\/montenegrin-pm-crypto-deal-with-do-kwon-exposed\/\" target=\"_blank\" rel=\"noopener\">deal <\/a>involving 750,000 Terra Luna tokens and allegedly meeting Kwon multiple times.<\/p>\n<h2>President Exposes PM\u2019s Denial of Do Kwon Links<\/h2>\n<p>Milatovi\u0107 recounted the events of March last year during a party meeting, where he directly asked Spaji\u0107 if he knew Kwon. He stated that Spaji\u0107\u2019s denial occurred in front of several party members, including current ministers, raising questions about the Prime Minister\u2019s transparency and credibility, especially given his role in the<a href=\"https:\/\/bitcoinist.com\/do-kwon-terra-vs-sec-day-1\/\" target=\"_blank\" rel=\"noopener\"> crypto sector<\/a>.<\/p>\n<p>Adding to the controversy, Milatovi\u0107 mentioned that Spaji\u0107 had introduced him to George Cottrell, a British national facing serious charges in the United States, including <a href=\"https:\/\/bitcoinist.com\/do-kwon-released-from-prison-remanded-to-montenegro\/\" target=\"_blank\" rel=\"noopener\">money laundering<\/a> and fraud.\u00a0<\/p>\n<p>Milatovi\u0107 described Cottrell as a potential advisor for election campaigns, although he expressed disappointment with the meeting, which he felt promoted \u201canti-European sentiments.\u201d\u00a0<\/p>\n<h2>Turning Point In Legal Saga<\/h2>\n<p>In light of these developments, Milatovi\u0107 has voiced a strong stance against Montenegro becoming a haven for criminals, urging local authorities to act decisively in cases like that of Turkish citizens Binali \u010camgoz and Do Kwon.\u00a0<\/p>\n<p>The president called for transparency and accountability, asserting that the country must not project a negative image internationally.<\/p>\n<p>The backdrop to this unfolding drama is the recent legal decision by the Montenegrin Court of Appeal to <a href=\"https:\/\/bitcoinist.com\/do-kwon-to-be-extradited-to-south-korea\/\" target=\"_blank\" rel=\"noopener\">extradite <\/a>Do Kwon to South Korea, dismissing a competing extradition request from the United States.\u00a0<\/p>\n<p>The judge overseeing the case ruled that South Korea\u2019s extradition request precedes the US request. The reason is that according to Montenegro\u2019s existing extradition treaty with South Korea, which takes precedence over the agreement with the United States, the South Korean <a href=\"https:\/\/bitcoinist.com\/spouse-terra-do-kwon-major-victory-south-korea\/\" target=\"_blank\" rel=\"noopener\">request <\/a>was submitted first.<\/p>\n<p>Do Kwon has been under intense <a href=\"https:\/\/bitcoinist.com\/terraform-labs-do-kwon-settle-sec-fraud-allegations\/\" target=\"_blank\" rel=\"noopener\">legal scrutiny<\/a> since the collapse of his blockchain protocol, which resulted in significant financial losses for investors. The court\u2019s decision, announced on August 1, marks a critical point in a long legal battle that began with Kwon\u2019s arrest at Podgorica airport in March 2023.<\/p>\n<p>At the time of writing, Terraform Labs\u2019 native token Luna Classic (LUNC) is trading at $0.000078, recording a price recovery of 2.3% in the past 24 hours and nearly 4% in the past seven days as the crypto market stabilizes.\u00a0<\/p>\n<p>In longer time frames, the token is down 11% over the past fourteen days and up 11% and 29% over the past thirty days and year-to-date, respectively.\u00a0<\/p>\n<p>Featured image from DALL-E, chart from TradingView.com\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>In a recent interview, President Jakov Milatovi\u0107 of Montenegro accused Prime Minister Milojko Spaji\u0107 of lying about his knowledge of Do Kwon, the controversial co-founder of Terraform Labs, during a pivotal moment surrounding Kwon\u2019s arrest in Podgorica.\u00a0 According to Milatovi\u0107, Spaji\u0107 claimed ignorance of Do Kwon\u2019s identity on the day of his arrest, despite having [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":4939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/4938"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4938"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/4938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/4939"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}