Argentine Leader Draws Fire After Cratering of Crypto Coin He Promoted - New York Times

[Pobre Luis]

There are so many posts about this scam on this forum. I'm not sure if someone posted this link to the NYT. But I think he might be finished. What was he thinking?!

Argentina’s Milei Orders Investigation After Promoting Crypto That Cratered

Javier Milei posted about the coin on social media, then deleted it and announced an investigation into whether any laws were broken.

www.nytimes.com

 

[Piranha]

Yes it was already posted. Here is the archived version. I can't wait to see all the memes about this. I will start.

https://archive.ph/9LvBj

 

[Piranha]

 

[Larry]

I am having fun seeming all the memes online. Maybe Cristina and Javier can share a jail cell now.

 

[Wally]

Javier Milei's Advisor. 🤣🤣🤣🤣 Read the comments! This guy looks like a patsy. I wouldn't be surprised if they use him to blame or he winds up dead.

https://twitter.com/x/status/1890914579493863532

https://twitter.com/x/status/1885068460268363889

 

[Nasdaq]

 

[Billy Goat]

He deserves everything that is coming to him for this.

 

[Blockchain]

I don't think Milei understands crypto or blockchain at all. This is the last thing he needed right now. Greed kills everyone in the end.

Javier Milei Suffers Backlash From $4B Memecoin Scandal

Argentina President Javier Milei is under fire due to a multi-billion-dollar memecoin scandal. The Bitcoin advocate promoted the Libra meme

blockzeit.com

 

[Blockchain]

There is NO second place. People need to stay out of all the other shitcoins besides Bitcoin.

 

[BA Bound]

Here is an interview from this guy from an investigative reporter.

 

[Blockchain]

The same team behind Melania coin.

https://twitter.com/x/status/1891289507338580028

 

[Blockchain]

Here is an interview from this guy from an investigative reporter.

Funny the guy is saying he snipes his own project because someone else was going to snipe it. 😀

 

[Uncle Wong]

Here is an interview from this guy from an investigative reporter.

That look on the interviewer's face at 28:10! 🤣

 

[Uncle Wong]

 

[Spend Thrift]

 

[Wally]

These memes are crazy. Best thing about this.

 

[Billy Goat]

Here is an interview from this guy from an investigative reporter.

This is shocking. Why would anyone even try to buy these. It sounds like the only ones making the money are the people launching this. Crazy that people invest in these. Sounds worse than a casino! At least casinos are regulated!

 

[Nasdaq]

These memes make me laugh. I think Milei is Argentina's best (actually ONLY) shot at turning around. I don't think he would throw it all away but was probably instructed by someone on his team to do this. I would think an Economist of his calibre would know better but obviously, he does not.

I'm watching this trainwreck play out on X.

https://twitter.com/x/status/1891510709109874819

Unbelievable watching some of these things.

https://twitter.com/x/status/1891546707436982314

 

[VINO]

These memes make me laugh. I think Milei is Argentina's best (actually ONLY) shot at turning around. I don't think he would throw it all away but was probably instructed by someone on his team to do this. I would think an Economist of his calibre would know better but obviously, he does not.

I'm watching this trainwreck play out on X.

https://twitter.com/x/status/1891510709109874819

Unbelievable watching some of these things.

https://twitter.com/x/status/1891546707436982314

I don't feel sorry for anyone losing money on this. One question. What if Milei didn't pull his endorsement of it? I assume it would have kept going up? It seems like this fraudster that helped create this is blaming Milei for changing his approval of it.

 

[earlyretirement]

Here is an interview from this guy from an investigative reporter.

I just listened to the interview this morning and one thing for sure this guy is scared for his life. But he is a total scammer. Milei probably didn't know it was a scam but it's all almost a certainty that someone on his team took payment for access to him. He hopefully will learn a good lesson with this that he needs to be more careful who he surrounds himself for. This seems common sense to me not to get involved with things like this but if his sister told him to do it he would and wouldn't think anything of it.

Unfortunately, Argentina is full of corruption. It will probably be impossible to remove corruption in Argentina any time soon. At least in my lifetime. This has always been the case and probably will always be the case there. It's one of the few reasons why besides real estate, there isn't anything I invest in here. It's the safest investment here and probably always will be.