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This is not the first instance where Milei has faced scrutiny in a cryptocurrency-related scandal. Back in 2021, during his tenure as a national Deputy, Milei promoted a platform named CoinX, which offered exorbitant monthly returns to Argentines looking to safeguard their savings from inflation. This scheme ultimately emerged as a pyramid operation and is currently under investigation for fraud.
Given Milei’s past indiscretions with cryptocurrencies, this latest controversy raises questions about his ability to lead responsibly, especially as it confirms a troubling pattern of recklessness in financial matters.