Montenegro's Prime Minister Milojko Spajic is one of the early investors in the Terra project under Do Kwon

ChainCatcher news, according to Cointelegraph, a court document submitted by the U.S. Securities and Exchange Commission (SEC) reveals that Montenegro's Prime Minister Milojko Spajic, who took office in October last year, was one of the early investors in Terra. He invested $75,000 in Singapore's Terraform Labs in April 2018, purchasing 750,000 LUNA.

Before the court document was made public, the Prime Minister of Montenegro claimed that he had never personally invested in failed cryptocurrency projects. The Prime Minister stated that the company he worked for was scammed out of $75,000, rather than him personally.