Overview
- Federal prosecutor Gerardo Pollicita expanded the probe into Manuel Adorni on June 13 by ordering the Dirección de Asistencia Fiscal en Investigaciones (DAFI) to reconstruct Bitcoin’s price history over the last 13 years and by requesting patrimonial and administrative records back to 2012.
- Adorni has publicly admitted he invested roughly US$200,000 in Bitcoin between 2013–2018, said the holding grew to about US$500,000, and acknowledged keeping part of those funds as ‘ahorros en negro’ that were not declared in earlier sworn asset statements.
- Opposition deputies have filed criminal complaints alleging malicious omission and falsity in Adorni’s declarations and have summoned a special session for June 23 to press for interpellation; deputy Oscar Zago said his bloc will give quorum and predicted Adorni could fall before that date.
- President Javier Milei continues to publicly back Adorni and the government has accelerated congressional scheduling so Adorni will present his management report to the Senate on July 2 as the administration seeks to contain the political fallout.
- The case is testing La Libertad Avanza’s cohesion and could reshape the government’s agenda depending on DAFI’s forensic findings, potential criminal indictments, and whether more allies withdraw support; key next steps to watch are the DAFI report, any prosecutor filings, and votes in Congress.