Overview

• Argentina’s Federal Appeals Court in Tucumán revoked the extension of Edgar Adhemar Bacchiani’s preventive detention in the Catamarca federal case and granted his excarceration after roughly three and a half years without trial.
• The same ruling ordered the release of ex-Adhemar associates José Blas and Alexis Sarroca, who had been under house arrest.
• Defense lawyer Ezequiel Walther argues there is no concrete evidence that Bacchiani moved funds from virtual wallets and asserts his client’s access credentials were stolen.
• Walther says prison authorities conducted more than 30 cell searches without finding an internet-capable phone that could enable account movements.
• The federal case has yet to advance to trial as jurisdictional and evidentiary issues persist, and earlier revelations include a forged screenshot that purported to show nearly $60 million in reserves.