Argentine presidential candidate Javier Milei has been indicted for allegedly promoting a crypto Ponzi scheme, Decrypt reported. A candidate to be Argentina's next president, he posted an Instagram post to his 1.3 million followers last year promoting crypto investment platform CoinX, promising huge returns for users. The platform, which claimed to use artificial intelligence, robots, and expert traders to automatically trade for investors and help users make a lot of money, was shut down in June this year, and users lost between 30 million and 40 million pesos (nearly $300,000).