Paraguay's President Santiago Peña has been impeached and placed under house arrest following a significant banking crisis. The crisis stems from the collapse of a digital bank, which has reportedly left millions of citizens unable to access their accounts.
Reports indicate that the bank's implosion has affected a substantial portion of the population, with some sources stating up to 60% of the country is now unable to access their funds. This widespread financial disruption led to the toppling of the nation's leader.
The impeachment and subsequent house arrest of President Peña are direct consequences of the widespread financial instability caused by the bank's failure. This is a developing story and will be updated as details emerge.
