#MileiMemeCoinControversy It is critical to recognize that memecoin investments are driven by trust and endorsement. When Milei and his team removed their posts, investors who had purchased the token, basing their trust on that endorsement, felt betrayed.”

Despite the allegations, Davis said in a video posted on X that Milei still has his support. He even introduced himself as “his adviser” and said that he will continue to collaborate on other tokenization projects in Argentina.