Allegations Erupt as President Milei Faces Scrutiny Over Digital Currency Scandal Following $14 Billion Meme Coin Launch

Buenos Aires, Argentina — Amid the surge of new digital currencies flooding the market, a new controversy has emerged involving President Javier Milei, who is accused of perpetuating a “rug pull” scheme with a cryptocurrency launch that mirrored his U.S. counterpart’s recent introduction of a $14 billion memecoin. While digital currencies often promise revolutionary potential and high returns, they are also fraught with risks and uncertainties. The term “rug pull” is used in the cryptocurrency community to describe a scenario where developers abruptly withdraw all funds from a project, leaving investors with worthless tokens. This … Read more