#MileiMemeCoinControversy

As pressure mounted, angry investors began calling for an official investigation, especially after allegations emerged that $MILEI developers dumped huge amounts of the coin for personal gain. Local and international media outlets highlighted the case, raising concerns about the spread of scams in the cryptocurrency market, especially on the Solana network, which has seen a rise in controversial meme coin projects.

For his part, Javier Milei issued an official statement denying any connection to the coin, stressing that he had not granted any license to use his name or image. However, some see the scandal as potentially damaging to his political image, as his opponents have viewed it as evidence of the economic chaos Argentina is experiencing. On the other hand, his supporters see what happened as nothing more than an illegal exploitation of his name by unknown parties.