$SOL Lawsuits against him for 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.
Meanwhile, the TV show “La Revuelta” made 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
