IBOV 172,457.76 ▲ 0.66% IPC MEX 71,204.98 ▼ 0.84% MERVAL 2,848,945 — — USD/BRL5.67▲ 0.45% USD/MXN18.52▼ 0.42% USD/CLP994.16▼ 0.13% USD/COP3,302▲ 0.70% USD/PEN3.40▼ 0.16% USD/ARS1,544▼ 0.11% USD/UYU40.59▲ 2.33% USD/PYG6,196▲ 2.33% USD/BOB11.59▼ 0.37% USD/DOP60.59▲ 1.85% USD/CRC442.74▼ 0.10% USD/GTQ7.64▲ 2.06% USD/HNL26.91▲ 2.15% USD/NIO 36.62 — 0.00% USD/VES909.35▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 1.39% USD/TTD6.75▲ 1.58% EUR/BRL6.25▲ 0.93% BRENT 95.84 ▲ 0.02% WTI 88.56 ▼ 0.20% IRON ORE 161.91 — — COPPER 6.09 ▼ 1.50% GOLD 3,886 ▲ 0.03% SILVER 49.12 ▼ 1.70% SOY 1,232 ▲ 0.37% CORN 445.50 ▲ 0.68% WHEAT 593.25 ▲ 1.54% COFFEE 279.25 ▼ 0.34% SUGAR 18.40 ▲ 0.99% ORANGE JUICE 136.85 ▼ 2.91% COTTON 79.02 ▲ 0.44% COCOA 5,123 ▲ 1.13% BEEF 224.80 ▲ 2.70% CATTLE 335.35 ▼ 0.10% LITHIUM 58.76 ▼ 1.13% PETR4 45.30 ▲ 1.34% VALE3 63.50 ▼ 0.70% ITUB4 42.27 ▲ 1.42% BBDC4 14.52 ▲ 1.40% ABEV3 15.79 ▲ 0.25% BBAS3 15.10 ▼ 2.45% B3SA3 14.89 ▲ 0.88% WEGE3 51.31 ▼ 0.66% PRIO3 63.30 — 0.00% SUZB3 54.77 ▼ 2.27% RENT3 30.07 ▲ 1.66% AZZA3 15.91 ▼ 5.86% CSAN3 3.10 ▲ 8.77% RAIZ4 20.00 — 0.00% PCAR3 2.56 ▲ 7.11% GMAT3 4.25 ▲ 10.68% PSSA3 46.41 ▲ 1.02% CVCB3 0.83 ▼ 1.19% POSI3 3.15 ▼ 6.53% SLCE3 18.28 ▼ 0.44% NATU3 5.13 ▼ 3.75% BRKM5 3.02 ▼ 1.63% RANI3 8.18 — 0.00% CSNA3 3.72 ▼ 12.06% IBOV 172,457.76 ▲ 0.66% IPC MEX 71,204.98 ▼ 0.84% MERVAL 2,848,945 — — USD/BRL 5.67 ▲ 0.45% USD/MXN 18.52 ▼ 0.42% USD/CLP 994.16 ▼ 0.13% USD/COP 3,302 ▲ 0.70% USD/PEN 3.40 ▼ 0.16% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.59 ▲ 2.33% USD/PYG 6,196 ▲ 2.33% USD/BOB 11.59 ▼ 0.37% USD/DOP 60.59 ▲ 1.85% USD/CRC 442.74 ▼ 0.10% USD/GTQ 7.64 ▲ 2.06% USD/HNL 26.91 ▲ 2.15% USD/NIO 36.62 — 0.00% USD/VES 909.35 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 1.39% USD/TTD 6.75 ▲ 1.58% EUR/BRL 6.25 ▲ 0.93% BRENT 95.84 ▲ 0.02% WTI 88.56 ▼ 0.20% IRON ORE 161.91 — — COPPER 6.09 ▼ 1.50% GOLD 3,886 ▲ 0.03% SILVER 49.12 ▼ 1.70% SOY 1,232 ▲ 0.37% CORN 445.50 ▲ 0.68% WHEAT 593.25 ▲ 1.54% COFFEE 279.25 ▼ 0.34% SUGAR 18.40 ▲ 0.99% ORANGE JUICE 136.85 ▼ 2.91% COTTON 79.02 ▲ 0.44% COCOA 5,123 ▲ 1.13% BEEF 224.80 ▲ 2.70% CATTLE 335.35 ▼ 0.10% LITHIUM 58.76 ▼ 1.13% PETR4 45.30 ▲ 1.34% VALE3 63.50 ▼ 0.70% ITUB4 42.27 ▲ 1.42% BBDC4 14.52 ▲ 1.40% ABEV3 15.79 ▲ 0.25% BBAS3 15.10 ▼ 2.45% B3SA3 14.89 ▲ 0.88% WEGE3 51.31 ▼ 0.66% PRIO3 63.30 — 0.00% SUZB3 54.77 ▼ 2.27% RENT3 30.07 ▲ 1.66% AZZA3 15.91 ▼ 5.86% CSAN3 3.10 ▲ 8.77% RAIZ4 20.00 — 0.00% PCAR3 2.56 ▲ 7.11% GMAT3 4.25 ▲ 10.68% PSSA3 46.41 ▲ 1.02% CVCB3 0.83 ▼ 1.19% POSI3 3.15 ▼ 6.53% SLCE3 18.28 ▼ 0.44% NATU3 5.13 ▼ 3.75% BRKM5 3.02 ▼ 1.63% RANI3 8.18 — 0.00% CSNA3 3.72 ▼ 12.06%
since 2009
Sunday, November 15, 2026

Argentina Latin America

Adorni Wealth Probe: Argentina’s Ex-Cabinet Chief Must Now Account for Income Since 1998

By · · 4 min read
Manuel Adorni holding up a printed bitcoin paper wallet during a television interview
Manuel Adorni shows a printed bitcoin paper wallet during a television interview in June 2026.

ARGENTINA · JUSTICE

Key Facts

  • The country Argentina is South America’s second-largest economy, governed since December 2023 by President Javier Milei, who campaigned against political privilege and graft.
  • What happened On Monday 28 September federal judge Ariel Lijo approved a prosecutor’s request to reconstruct Manuel Adorni’s finances back to 1998, La Nación and Infobae reported.
  • Who is involved Adorni, Milei’s former cabinet chief, resigned on 27 June. His wife, Bettina Angeletti, is included from October 2000. Prosecutor Gerardo Pollicita leads the illicit-enrichment case.
  • What it means for you The case measures how far Milei’s anti-graft promise holds inside his own team. A cryptographic test could also settle part of Adorni’s defence quickly.
  • Still open No date has been set for the bitcoin test, and no indictment has been reported as of 29 September.

The Adorni wealth probe in Argentina now reaches back to 1998. A federal judge on Monday let prosecutors trace the former cabinet chief’s income from the day he turned 18.

Free daily brief — no card needed
Get every Argentina story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

Judge Ariel Lijo also authorised a test of eight bitcoin addresses that Manuel Adorni says explain his cash, Infobae reported. He is under investigation for illicit enrichment, an offence covering wealth an official cannot justify.

What the prosecutor asked for

Federal prosecutor Gerardo Pollicita filed the requests after Adorni answered a 20-point questionnaire on his assets, TN reported. The defence said savings built from both spouses’ work funded bitcoin purchases from 2014.

To test that claim, Pollicita wants their finances rebuilt from adulthood, elDiarioAR reported. Until now the Adorni wealth probe covered the period from January 2012, according to La Nación.

The tax agency, ARCA, must hand over income and wealth tax returns from 1998 to 2011, Infobae reported. It must also list their dollar purchases between 2011 and 2015, when currency controls applied.

The social security agency, ANSES, must supply full employment records. Property, vehicle and company registries must list anything held in their names, La Nación and TN reported.

Rio Times chart: sums in the Adorni wealth probe, in US$ thousand
Bitcoin sale proceeds cited by Adorni's defence (US$591,545), cash declared as a sale of assets (US$565,000), savings added in corrected returns (about US$513,000) and property the prosecutor's experts say remains to be justified (US$402,000). Source: TN, Infobae, La Nación, 28–29 September 2026; last two figures La Nación only.

The bitcoin test

The defence says Adorni used eight bitcoin addresses between October 2014 and September 2018. It says selling those holdings produced US$591,544.61, TN and Infobae reported.

Adorni cites that sum to explain US$565,000 in cash he declared as a “sale of assets”. The private keys sit in a sealed envelope held by his lawyer, Matías Ledesma.

Under the approved procedure, a defence expert will sign a prosecution message from each address. Federal Police technicians will then verify every signature, and the session will be recorded, Infobae reported.

The keys stay with the defence throughout. A valid signature would show control of the addresses; it would not by itself date the sales.

Live Market IntelligenceCrypto — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Crypto — Live Market Board

Digital assets
Nov 15, 2026 · 05:11

Bitcoin · benchmark
63,999
-0.20%
L 62,094day rangeH 65,289

-33.03% over 12 months

Market breadth · 17 names
88% advancing

15 ▲ advancing2 declining ▼

Currencies, rates & key inputs
Ethereum
1,782
+0.74%

Solana
69.91
-0.38%

Gold
3,886
+0.03%

USD / BRL
5.67
+0.45%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
BTC 63,999 -0.20% -33.03% 64,128 65,289 62,094 49,827,708,928
ETH 1,782 +0.74% -43.71% 1,769 1,825 1,714 21,237,436,416
SOL 69.91 -0.38% -49.91% 70.18 71.84 67.58 5,318,431,232
XRP 0.95 +3.94% -57.53% 0.91 0.98 0.90 4,573,835,264
BNB 586.92 +0.95% -37.04% 581.38 596.70 568.20 2,101,791,232
ADA 0.15 +1.62% -70.23% 0.15 0.15 0.14 565,227,264
DOGE 0.06 +0.59% -64.70% 0.06 0.06 0.06 1,255,460,992
AVAX 7.12 +0.45% -54.12% 7.09 7.25 6.78 425,151,616
LINK 9.03 +1.77% -36.07% 8.87 9.15 8.67 448,147,200
DOT 0.71 +1.16% -74.78% 0.71 0.73 0.69 133,078,840
LTC 44.74 +0.79% -56.05% 44.39 44.98 42.89 360,471,136
BCH 203.79 +1.43% -59.49% 200.91 207.64 196.80 194,483,824
TRX 0.31 -0.12% +3.98% 0.31 0.31 0.30 598,008,576
XLM 0.14 +2.07% -46.89% 0.14 0.14 0.13 306,290,656
HBAR 0.06 +1.09% -63.28% 0.06 0.06 0.06 92,897,304
NEAR 3.12 +3.09% +29.37% 3.02 3.15 2.94 890,463,488
ATOM 1.28 +1.67% -55.17% 1.26 1.30 1.23 33,631,812
AAVE 104.56 +4.03% -41.42% 100.51 106.14 97.15 303,672,480

Largest moves today
AAVE
104.56
+4.03%
XRP
0.95
+3.94%
NEAR
3.12
+3.09%
XLM
0.14
+2.07%
LINK
9.03
+1.77%
ATOM
1.28
+1.67%
ADA
0.15
+1.62%
BCH
203.79
+1.43%

The session read
The Bitcoin eased 0.20%, with breadth positive — 15 of 17 names higher. AAVE led, while SOL lagged.

How the case got here

The investigation began after Adorni’s wife flew on the presidential plane to New York in March, La Nación reported. Questions about property purchases and trips followed.

In June he filed corrected declarations for 2023 and 2024 adding about US$513,000, the paper reported. He resigned as cabinet chief on 27 June, as covered in Milei Cabinet Chief Adorni Resigns as Corruption Scandal Peaks.

Prosecution experts found a gap of over 43 million pesos (about US$28,000 at 1,524 pesos to the dollar on 29 September), La Nación reported. It lies between declared income and family spending, and US$402,000 in property also needs justifying.

Adorni maintains that his wealth is justified, and his defence itself offered the wallet evidence. His earlier admission of undeclared savings was covered in A Third Scandal Hits Milei, the Reformer Who Ran Against Graft.

What Is Not Yet Known

No date has been fixed for the signature test, which must be agreed with the defence. It is not known what the 1998–2011 tax records will show.

No indictment has been reported. The 43-million-peso gap and the US$402,000 property figure come from La Nación and have not been independently confirmed.

Frequently Asked Questions

What did the judge approve?

Federal judge Ariel Lijo let prosecutors reconstruct Manuel Adorni’s finances back to 1998, La Nación and Infobae reported.

Who is Manuel Adorni?

President Milei’s former cabinet chief, who resigned on 27 June. The illicit-enrichment case is led by prosecutor Gerardo Pollicita.

What is the bitcoin test?

Prosecutors will test eight bitcoin wallets behind US$591,000.

Is anyone else included?

Yes. Adorni’s wife, Bettina Angeletti, is included from October 2000.

Sources: La Nación, 29 September 2026; Infobae, 28 September 2026; TN, 28 September 2026; elDiarioAR, 28 September 2026; exchange rate: open.er-api.com, 29 September 2026.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.