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Friday, 13 November 2026
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A digital bank’s collapse toppled Paraguay’s president within days — and cracked the myth of the ‘Dubai of South America’

A digital bank’s collapse toppled Paraguay’s president within days — and cracked the myth of the ‘Dubai of South America’
Image: Fortune

Ueno held approximately $850 million in public funds, including $355 million from the country’s social security system, IPS, including health and retirement funds.

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