Argentina's Chief of Staff Adorni Declares Undeclared Bitcoin-Linked Cash

Argentine Chief of Staff Manuel Adorni has submitted his asset declaration, revealing significant cash holdings that he claims are linked to Bitcoin investments. This comes after Adorni admitted to having previously omitted savings from his official declarations.

Adorni declared possessing the equivalent of 400,241,404 pesos in cash dollars at the start of 2025, which he stated corresponds to his Bitcoin holdings. By the end of the year, this amount had reportedly decreased to 303,604,357.92 pesos. The Chief of Staff is currently under judicial investigation for alleged illicit enrichment, having acknowledged concealing approximately $500,000 in income from previous asset declarations. He explained this money originated from an investment made before assuming public office.

Beyond the undeclared cash, Adorni's formal holdings appear considerably smaller. He declared 25,500 pesos in a savings account, nearly four million pesos in a virtual payment account, and a checking account with 274.2 pesos. A notable exception is a dollar savings account in the United States, valued at the equivalent of 8,994,452.58 pesos.

The declaration also lists a new property in Exaltación de la Cruz, where Adorni owns 50% of the house, valued at 88,594,824 pesos. His wife, Bettina Angeletti, owns the other half. This property is reportedly the one where contractor Marcelo Tabar claimed to have received $250,000 for renovations.

Furthermore, Adorni's declaration includes previously unrecognized debts. He now lists four creditors, including Beatriz Viegas and Claudia Sbabo, who reportedly loaned him $200,000 via an interest-free mortgage to purchase an apartment they sold him. They are listed as creditors for 71,250,000 pesos each. His sons, Leandro Miano and Pablo Martín Feijoo, are also listed as creditors for 46,312,500 pesos each, reportedly for a verbally agreed, undocumented loan of $65,000. Feijoo described this loan as renegotiable and due in November.

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