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Monday, May 19, 2025

Argentinian Presidential Hopeful Reportedly Faces Crypto Scam Promotion Wrap - Cryptonews

A group of Argentine crypto investors have launched a lawsuit against Javier Milei, an outspoken MP and bitcoin (BTC) advocate who wants to run for president.
The media outlet Clarín reported that a lawyer named Juan Pablo Chiesa, who is representing the group, says that the investors lost around USD 300,000 because they put their money into a project that turned out to be a scam.
In December last year, Milei took to Instagram to post a picture of himself with a member of the team behind a “crypto platform” named CoinX.
That same platform wound down its operations earlier this year after making all-too-familiar claims about guaranteed returns on investment and artificial intelligence-powered trading bots.
In his (still-extant) post, Milei wrote that he had “had the pleasure of” meeting the CoinX team and claimed that the platform was “revolutionizing” investment and “helping Argentines escape from inflation.”
He urged his followers to gain “profits” by using CoinX, and suggested...



Read Full Story: https://cryptonews.com/news/argentinian-presidential-hopeful-reportedly-faces...

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