#MileiMemeCoinControversy The lawsuits against him are on charges of ethics violations. Mele defended his actions as part of his technological drive to finance Argentine projects, but the scandal has led to a loss of confidence in the market, with the Argentine stock exchange index falling more than 5% and the peso falling 2% against the dollar.
At the same time, the TV show “La Revuelta” presented a parody of the scandal, with host Jorge Ponce imitating Mele’s promotion of the cryptocurrency, highlighting the risks associated with investing in such currencies.
In addition, Mele is facing a federal judicial investigation over the scandal, with threats of impeachment from opposition lawmakers. The S&P Merval index fell by nearly 4% following the events.
One of the coin’s creators, Hayden Mark Davis, described the project as a failed “experiment,” raising questions about the motives behind launching and promoting the coin.
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MileiMemeCoinControversy#MileiMemeCoinControversy
