Terra co-founder’s handwritten letter sparks political firestorm in Montenegro

TL;DR Breakdown

  • A handwritten letter by Terra co-founder Do Kwon surfaces, sparking a political firestorm in Montenegro.
  • Allegations suggest undisclosed ties between Kwon and former Finance Minister Spajić, raising concerns about potential consequences for Montenegro.
  • Prime Minister Abazović refutes Spajić’s denial, expressing doubts about the former minister’s integrity.

In a shocking turn of events, a handwritten letter penned by Do Kwon, co-founder of the blockchain platform Terra, has emerged, stirring a political firestorm in Montenegro. The message, addressed to outgoing Prime Minister Dritan Abazović and outgoing Justice Minister Marko Kovac, alleges a previously undisclosed connection between Kwon and former Finance Minister Milojko Spajić, who also serves as the president of Europe Now political party.

Prime Minister Abazović claims to have read Kwon’s letter and swiftly forwarded it to the Special State Prosecution Office. The letter proposes that Kwon had financed the Europe Now political party, leading to calls from political parties, NGOs, and the public to investigate these purported links between the Terra co-founder and Spajić.

The gravity of the situation became apparent as Prime Minister Abazović expressed concern over the potential consequences for Montenegro. Speaking on behalf of the government, he stated, “It’s not in Montenegro’s best interest if Spajić had indeed maintained contacts with Do Kwon, especially considering that Kwon is wanted by both US and South Korean authorities. We cannot allow our country to become a sanctuary for global fraudsters, regardless of the technological domain they exploit, be it blockchain or otherwise.”

In response to the allegations, Spajić vehemently denied any connection with Kwon and revealed that he had promptly informed Minister of Interior Filip Adzic about the Terra co-founder’s presence in the country. However, Prime Minister Abazović swiftly refuted Spajić’s claims, casting doubts on the former Finance Minister’s integrity.

Adding intrigue to the situation, Spajić admitted to knowing Kwon as a friend since 2018 because his company had invested in the Terra project. The revelation surprised many, including Montenegro’s citizens, who had seen Spajić as a proponent of the crypto industry during his tenure as Finance Minister.

Notably, Ethereum co-founder Vitalik Buterin’s recent acquisition of Montenegrin citizenship further underscored the nation’s growing involvement in crypto. Buterin and Spajić played a significant role in promoting the Ethereum Development Conference held in Montenegro this May.

As the allegations continue reverberating across Montenegro, citizens are left grappling with the complexities of these unexpected connections and the potential ramifications for their nation’s reputation. The demand for a thorough investigation by the Special State Prosecution Office reflects a widespread sentiment of urgency and the need for transparency.

Montenegro’s political landscape finds itself at a crossroads, where the intertwining realms of finance, technology, and politics have created a web of intrigue. The investigation into the alleged ties between Do Kwon and Milojko Spajić will undoubtedly shed light on the nature of their relationship, potentially altering the course of Montenegro’s future in unexpected ways.

The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Terra co-founder’s handwritten letter sparks political firestorm in Montenegro

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年6月12日 17:19
Next 2023年6月12日 20:06

Related articles

  • Crypto’s fate tied to upcoming U.S. presidential election?

    TL;DR Breakdown The uncertain narrative surrounding digital assets- whether they’re risk assets or a hedge against risk – has led to unpredictable price movements. Ed Moya, a Senior Market Analyst with OANDA, suggests the future of the industry in the U.S. might be tied to the outcome of the upcoming presidential election. Florida Governor Ron Desantis, a presidential candidate, is a vocal supporter of Bitcoin and has been pushing for crypto-friendly policies. A wavering climate has shadowed the cryptocurrency market in recent weeks, challenging investors to deduce whether digital assets offer a safe haven from financial risk or are themselves part of the risky asset class. Yesterday’s oscillation was no exception with Bitcoin (BTC) declining by 1.3% to $27,746 and Ethereum (ETH) down by 1.1% to $1,893 at the start of the East Asian trading day. Cryptocurrency has been caught in this seesaw of interpretation, bereft of a consistent narrative, and this lack of clarity has been contributing to erratic price movements. Despite these uncertainties, Ed Moya, a Senior Market Analyst with OANDA, identifies a potentially defining theme for the…

    Article 2023年6月2日
  • Jamaica’s taxi drivers embrace crypto for faster rides

    TL;DR Breakdown Jamaica’s transportation sector is poised for a digital revolution as local bus and taxi operators eagerly anticipate integrating the nation’s own central bank digital currency (CBDC), known as Jam-Dex. Jamaica is actively working towards enabling CBDC services on the mobile phones of the general public. Description Jamaica’s transportation sector is poised for a digital revolution as local bus and taxi operators eagerly anticipate integrating the nation’s own central bank digital currency (CBDC), known as Jam-Dex. The introduction of Jam-Dex by the Central Bank of Jamaica in 2022 was marked by an airdrop event aimed at accelerating its widespread adoption. Recent developments … Read more Jamaica’s transportation sector is poised for a digital revolution as local bus and taxi operators eagerly anticipate integrating the nation’s own central bank digital currency (CBDC), known as Jam-Dex. The introduction of Jam-Dex by the Central Bank of Jamaica in 2022 was marked by an airdrop event aimed at accelerating its widespread adoption. Recent developments reveal that Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group (NTAG), is actively championing…

    Article 2023年8月30日
  • Digital Yuan adoption soars as Minsheng bank and JD.com join forces

    TL;DR Breakdown Minsheng Bank partners with JD.com to launch a digital CNY payment solution. Incentives offered by Minsheng Bank aim to encourage the widespread use of digital yuan on JD.com. Minsheng Bank is a non-state entity in China’s expanding digital yuan experiment. Description Minsheng Bank of China, a pioneer in digital yuan adoption, has partnered with e-commerce giant JD.com to launch an innovative digital CNY-powered payment solution. The collaboration aims to bring the benefits of China’s Central Bank Digital Currency (CBDC) to Minsheng Bank clients in the CBDC trial zone, offering them seamless CBDC payments on JD.com by … Read more Minsheng Bank of China, a pioneer in digital yuan adoption, has partnered with e-commerce giant JD.com to launch an innovative digital CNY-powered payment solution. The collaboration aims to bring the benefits of China’s Central Bank Digital Currency (CBDC) to Minsheng Bank clients in the CBDC trial zone, offering them seamless CBDC payments on JD.com by linking their digital wallets with their JD accounts. As reported by Shzhidao via Sohu, the partnership aims to encourage widespread use of the digital…

    Article 2023年8月8日
  • Apple, Microsoft battle EU over iMessage and Bing

    TL;DR Breakdown Apple and Microsoft challenge the EU over the upcoming Digital Markets Act (DMA). The DMA seeks to regulate tech giants, requiring interoperability, data sharing, and more. Companies must meet criteria like €7.5bn annual turnover and 45 million monthly EU users to be governed. Description Two of the tech world’s juggernauts, Apple and Microsoft, are standing their ground against the European Union, questioning the very fabric of upcoming regulations. While both companies have been global innovators in their own right, it’s the clash with Brussels over the forthcoming Digital Markets Act (DMA) that puts the spotlight squarely on them. The … Read more Two of the tech world’s juggernauts, Apple and Microsoft, are standing their ground against the European Union, questioning the very fabric of upcoming regulations. While both companies have been global innovators in their own right, it’s the clash with Brussels over the forthcoming Digital Markets Act (DMA) that puts the spotlight squarely on them. The Controversial Lines Drawn by the Digital Markets Act Upcoming regulations proposed by the EU aim to place a leash on Big…

    Article 2023年9月6日
  • Apple users beware: New malware hijacks crypto via fake blockchain games

    TL;DR Breakdown “Realst”, a new infostealer malware, targets Apple macOS users through fake blockchain games. The malware silently scrapes web browser data, including passwords, and can quickly drain cryptocurrency wallets. Users can protect themselves by only installing apps from the official Mac App Store, verifying links, using strong passwords, enabling two-step authentication, and keeping devices and applications updated. Description Security researchers have identified a new infostealer malware named “Realst”, which is currently being used by cybercriminals to target Apple macOS users, including those on the upcoming macOS 14 Sonoma.  However, Web3 security firm SlowMist warned through a blog post that the malware is being propagated through fake blockchain games such as Brawl Earth, WildWorld, … Read more Security researchers have identified a new infostealer malware named “Realst”, which is currently being used by cybercriminals to target Apple macOS users, including those on the upcoming macOS 14 Sonoma.  However, Web3 security firm SlowMist warned through a blog post that the malware is being propagated through fake blockchain games such as Brawl Earth, WildWorld, Dawnland, Destruction, Evolion, Pearl, Olymp of Reptiles, and…

    Article 2023年7月27日
TOP