The budding scandal in Argentina has been dubbed locally as “cryptogate” and has links to a diverse cast of characters, including a high-profile U.S. influencer, a crypto developer who uses the pseudonym “Meow,” and a 28-year-old American entrepreneur who said he helped launch first lady Melania Trump’s meme coin last month.

A deleted fragment of a television interview highlights the government’s concern about a possible judicial escalation of the crisis

Critics have accused Milei of involvement in the rapid rise and fall of a cryptocurrency, costing investors thousands.