Argentina main stock index falls nearly 6% after Milei crypto scandal

Argentina's benchmark S&P Merval stock index tumbled over 5.7% on Monday, after libertarian President Javier Milei touted a cryptocurrency which crashed soon after, in a case the country's fintech chamber said could amount to a "rug pull."Milei later deleted his X post recommending the little-known crypto coin $LIBRA and said he had no relation to the cryptocurrency, but opposition lawmakers have said Milei could face an impeachment trial in Congress.