The intersection of politics and crypto has hit a new low. The fact that Milei went from gifting Elon a chainsaw ("motosierra") as a symbol of cutting government spending to essentially endorsing what turned out to be a rug pull is beyond concerning. This isn't just another crypto scam it's a sitting president either knowingly participating in or being grossly negligent about a financial scheme targeting his own citizens.
Looking at the timeline:
Posts supportive tweet about "Liberal Argentina" project Project rugs with 70% concentration in just 2 wallets, Deletes tweet and claims ignorance Meanwhile, there's documented connection to KIP Network Inc.
The excuse of "not being aware of the details" doesn't hold water when you're the PRESIDENT OF A COUNTRY. The same person who's been meeting with Trump and getting international attention can't just casually promote financial products without due diligence. That's not how leadership works.
Some users here are being too generous with the "maybe he didn't know" angle. When you discover photos of project leaders taking pictures with you months ago, the "I wasn't aware" defense crumbles pretty fast.