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BREAKING: This is not Javier Milei’s first crypto scam. In 2021, Milei promoted CoinX, a now-defunct deliberate crypto ponzi scheme, on Instagram. Bro sold it as a revolutionary tool for Argentinians to safeguard their wealth from inflation. By 2022, CoinX rugged, and stopped paying everyone, it was later exposed as a Ponzi scheme. Investors suffered significant losses in this scheme too, leading to a class-action lawsuit for promoting a crypto pyramid scheme. lol huh, sounds familiar, right? $LIBRA is not his first rodeo.