Andrew Tate faces court over rape and trafficking charges, $500M Bitcoin seizure possible.

1 min read
Source: Benzinga
Andrew Tate faces court over rape and trafficking charges, $500M Bitcoin seizure possible.
Photo: Benzinga
TL;DR Summary

Romanian prosecutors have requested to seize 21 Bitcoins worth around $560,000 from social media influencer Andrew Tate, who is being indicted on rape and human trafficking charges. The assets listed for seizures include 15 properties, 15 luxury vehicles, 14 watches, and Bitcoin worth $560,000. The indictment alleges that Andrew Tate and his associates used the “loverboy method” to recruit women into sex work. The cryptocurrency community was misled by a translation error from Romanian to English, with reports suggesting that the authorities seized bitcoin worth $384 million when, in fact, they seized 21 bitcoin worth nearly $560,000 on June 20.

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