Clicky

  • About
  • Coincu
  • Hot topics
  • Random
Friday, September 22, 2023
CoinCu News
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Casino Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
    • Best Web3 Cryptocurrencies
  • Video
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Casino Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
    • Best Web3 Cryptocurrencies
  • Video
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
No Result
View All Result
CoinCu News
No Result
View All Result
Home News

Crypto Mogul Do Kwon Accused Of Secret Political Relations In Montenegro

Harold by Harold
4 months ago
in News
Reading Time: 4 mins read
384
91
SHARES
3k
VIEWS
Share on Twitter

Crypto Exchange Thodex Founder Sentenced To 11,196 Years In Prison

Celer Bridge Appears Ad Phishing Scam On Google Causing Users To Lose $900,000

Key Points:

  • According to Montenegro Prime Minister, Terra founder Do Kwon has political relations with Europe Now political party President Milojko Spajić.
  • Kwon claimed to have funded Europe Now in a letter to departing Prime Minister Dritan Abazović and the Special State Prosecution.
  • The revelation surfaced in the last days of the pre-election campaign, only days before the June 11 general election, which Europe Now seems to be winning.
Milojko Spajić, the head of Montenegro’s pro-Western Europe Now party, has been accused of having business relations with cryptocurrency billionaire Do Kwon, who was detained earlier this year in the Adriatic nation.
Crypto Mogul Do Kwon Accused Of Secret Political Relations In Montenegro

Montenegro Prime Minister Dritan Abazović says he reviewed Terra co-founder Do Kwon’s handwritten letter and sent it to the prosecutor’s office.

Do Kwon has been in contact with former Finance Minister Milojko Spajić since 2018, according to the letter. Spaji is also the president of the political party Europe Now. Terra’s co-founder claims to have funded the political party Europe Now.

On Tuesday, outgoing Prime Minister Dritan Abazović, political parties, and non-governmental organizations asked the Special State Prosecution to look into the suspected relationships between Do Kwon and Milojko Spajić.

In a statement issued on June 6, Abazović said that the government would transmit the letter to the prosecution in order to initiate an investigation.

Spajić reacted, claiming that Kwon was a fraudster and that Europe Now had notified the authorities of his presence in the country. He further said that Kwon defrauded several individuals, including his friends and the firm where he worked in 2018.

Spajić told public broadcaster RTCG that he had been notified by crypto sector acquaintances that an effort would be made to link him with Kwon.

“It’s not good for Montenegro if Spajić had contacts with Do Kwon, because the man is wanted by the US and South Korean authorities. We cannot become a breeding ground for global fraudsters, even if they use blockchain or anything else,” he said.

Crypto Mogul Do Kwon Accused Of Secret Political Relations In Montenegro

Spajić refuted these charges, claiming that he alerted Minister of Interior Filip Adzic about Do Kwon’s presence in the nation. Prime Minister Dritan Abazović, on the other hand, denies this. He said that he had known Do Kwon since 2018 when his friends and the company for which he works invested in the Terra project.

“Which is why we had the special satisfaction of reporting him to authorities,” he stated.

But, all of his competitors saw the letter as an opportunity to progress in the race. Spajić was suspected of being engaged in organized crime by Nebojša Medojević, the head of the far-right Movement for Changes (PZP). He went on to say that Western media have alleged that Montenegro is a nation that conceals illicit crypto transactions and that Spajic was a part of it.

Medojević requested the prosecution to investigate if Spajić was a member of an internationally coordinated criminal organization and whether he was in charge of laundering money from smuggling through cryptocurrency.

Spajić pushed the crypto business in Montenegro as Finance Minister. Vitalik Buterin, the co-founder of Ethereum, was also given Montenegrin citizenship in April. Buterin and Spajić also endorsed the Ethereum Development Conference, which will take place in May 2023.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Harold

Coincu News

ArbitrumDAO Proposes On-Chain Election Process For Increased Security

Top Bitcoin Gambling Sites In 2023

Japanese Prime Minister Fumio Kishida Embraces Web3's Game-Changing Potential at WebX Conference

Tags: do kwonDritan AbazovićEurope NowMilojko SpajićMontenegroTerra
Previous Post

US Court Grants SEC Request To Freeze Assets Of Binance US Subsidiaries

Next Post

Volcano Energy Secures $250 Million Investment For Renewable Energy Mining Project

Other Posts

Bitmain Invests In Core Scientific With $53.9 Million To Boost Bitcoin Mining
News

Bitmain Invests In Core Scientific With $53.9 Million To Boost Bitcoin Mining

September 22, 2023
South Korea's FIU Enhances Crypto Exchange Oversight From October 2024
News

South Korea’s FIU Enhances Crypto Exchange Oversight From October 2024

September 22, 2023
Coinbase Chief Legal Officer Paul Grewal Confirms Layer 2 Base Will Not Launch Tokens
News

Coinbase Chief Legal Officer Paul Grewal Confirms Layer 2 Base Will Not Launch Tokens

September 22, 2023
Hong Kong's JPEX Sees Significant Increase In Victims In HK$1.37 Billion Fraud
News

Hong Kong’s JPEX Sees Significant Increase In Victims In HK$1.37 Billion Fraud

September 22, 2023
Binance's Trading Volume Faces Challenge Due To Zero-Fee Promotion Halt
News

Binance’s Trading Volume Faces Challenge Due To Zero-Fee Promotion Halt

September 22, 2023
Justin Sun's Huobi Bold Transformation: HTX Emerges As A Game-Changer In Crypto
News

Justin Sun’s Huobi Bold Transformation: HTX Emerges As A Game-Changer In Crypto

September 22, 2023
Next Post
Volcano Energy Secures $250 Million Investment For Renewable Energy Mining Project

Volcano Energy Secures $250 Million Investment For Renewable Energy Mining Project

  • Immutable-X-Suddenly-Increases-More-Than-35-percent-As-Whales-Show-Signs-Of-Accumulation

    Immutable X Suddenly Increases More Than 35% As Whales Show Signs Of Accumulation

    124 shares
    Share 50 Tweet 31
  • Coinbase Wallet Users: Beware of Scammers Exploiting Messaging Protocols for Phishing!

    142 shares
    Share 57 Tweet 36
  • Layer 1 Vara Network Will Be Supported By Coinbase

    112 shares
    Share 45 Tweet 28
  • Ethereum Network Gas Fee Now Soars To Over 310 Gwei

    93 shares
    Share 37 Tweet 23
  • 1 Million WLD Withdrawal: GSR Markets Fortify Their Crypto Holdings with $1.3 Million Move

    97 shares
    Share 39 Tweet 24
Bitmain Invests In Core Scientific With $53.9 Million To Boost Bitcoin Mining

Bitmain Invests In Core Scientific With $53.9 Million To Boost Bitcoin Mining

September 22, 2023
Arbitrum Defies DeFi Turbulence: Whales Make Bold Moves Amidst Market Swings

Arbitrum Defies DeFi Turbulence: Whales Remain Optimistic Amidst Market Swings

September 22, 2023
South Korea's FIU Enhances Crypto Exchange Oversight From October 2024

South Korea’s FIU Enhances Crypto Exchange Oversight From October 2024

September 22, 2023
Coinbase Chief Legal Officer Paul Grewal Confirms Layer 2 Base Will Not Launch Tokens

Coinbase Chief Legal Officer Paul Grewal Confirms Layer 2 Base Will Not Launch Tokens

September 22, 2023
Hong Kong's JPEX Sees Significant Increase In Victims In HK$1.37 Billion Fraud

Hong Kong’s JPEX Sees Significant Increase In Victims In HK$1.37 Billion Fraud

September 22, 2023
Sui Foundation Awards $300,000 In Grants to Shape Web3 Education

Sui Foundation Awards $300,000 In Grants to Shape Web3 Education

September 22, 2023
Binance's Trading Volume Faces Challenge Due To Zero-Fee Promotion Halt

Binance’s Trading Volume Faces Challenge Due To Zero-Fee Promotion Halt

September 22, 2023
Justin Sun's Huobi Bold Transformation: HTX Emerges As A Game-Changer In Crypto

Justin Sun’s Huobi Bold Transformation: HTX Emerges As A Game-Changer In Crypto

September 22, 2023
Bankman-Fried's Release Was Denied: Legal Showdown Looms In High-Profile Trial

Bankman-Fried’s Release Was Denied: Legal Showdown Looms In High-Profile Trial

September 22, 2023
Binance And CEO Changpeng Zhao Officially File To Dismiss SEC Lawsuit

Binance And CEO Changpeng Zhao Officially File To Dismiss SEC Lawsuit

September 22, 2023
  • Live Prices
  • Binance
  • NFT
  • Solana
  • Metaverse
  • Polygon
  • Coinbase
  • Trending

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected].

No Result
View All Result
  • Coincu
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Metaverse News
    • NFTs News
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Casino Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
    • Best Web3 Cryptocurrencies
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Video

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected].

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In