Argentina Presidential Candidate Sued for Promoting a Crypto Ponzi Scheme
Javier Milei – one of the main contestants to become Argentina’s new President – has been caught in the crossfire for advertising the cryptocurrency investment platform CoinX. The company promised huge returns to investors, but it halted activities after the National Securities Commission said it had no legal permission to operate in the nation.
Argentina’s next presidential election is not until October 29, 2023, but it has already attracted the attention of broad society. The eccentric libertarian politician and economist – Javier Milei – considered to have a big chance to become the country’s next leader, got involved in a crypto scandal. According to a domestic report, a group of harmed clients even plan to sue Javier Milei, claiming that his advice made them join CoinX. Their losses are approximately $300,000, and they demand the presidential candidate reimburse those sums.
Source
https://t.me/CryptoMarketUpdates
