In keeping with Montenegrin media, not solely did Do Kwon and former Terra exec Han Chang-joon buy luxurious flats within the Serbian capital of Belgrade earlier than making their method to Montenegro, they might have met with the nation’s prime minister, Milojko Spajić, in some unspecified time in the future earlier than their arrests.
Do and Han are well-known for his or her involvement with failed algorithmic stablecoin protocol Terra/Luna, which collapsed two years in the past.
As DLNews reported in April, Do and Han bought actual property and parking spots in the very best a part of Belgrade — with the condominium they have been staying in being value in extra of $2 million. Nevertheless, in keeping with former prime minister and present MP Dritan Abazović, the duo might have been as much as far more than simply hobnobbing with the Serbian elite and avoiding regulation enforcement.
Abazović claims {that a} supply instructed him Do and Spajić met at Topalovićeva 4 in Belgrade and that Spajić might have made a take care of Do to buy tens of millions of {dollars} value of Terra/Luna tokens for a Bulgarian-based, Singaporean-headquartered hedge fund referred to as Das Capital.
![](https://cnews24.ru/uploads/78f/78f3d64ae6dcdb2628651e68cfe1a845dfe9a86f.png)
Topalovićeva 4 as seen on Google Road View, the place Do and Spajić supposedly met.
Learn extra: Do Kwon can’t depart Montenegro, however owes the US tens of millions
Abazović claims that Spajić was in a position to buy the tokens for ten cents and later promote them for $118, although there was no proof to show the declare.
It’s value noting that Spajić has certainly beforehand labored for Das Capital, although when he final helped inform any transaction for it or if the hedge fund is even concerned in cryptocurrency is just not clear.