#MileiMemeCoinControversy platforms. Milei's endorsement led to a surge in the token's value, but he subsequently deleted his posts, causing the coin's value to plummet and resulting in substantial investor losses. The legal community asserts that Milei's actions were pivotal in a fraudulent scheme known as a "rug pull." The President's office has refuted claims of direct involvement, stating that the posts were removed to prevent speculative activities.