The crypto industry has caused political turmoil in Montenegro just days before its general election. Do Kwon, the former head of a failed crypto venture, sent a letter revealing a connection between the leader of the Europe Now Movement and the crypto industry. Kwon claimed the leader had received campaign funding in exchange for promises of “crypto-friendly policies.” Despite being expected to win, Europe Now fell short of expectations, finishing only slightly ahead of a pro-Russian group. Kwon’s intervention has had a significant impact on the election. Montenegro must now confront the influence of the crypto industry and ensure political stability.
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