24/7 Cryptocurrency News

Andrew Tate’s Bitcoin, Luxury Cars To Be Seized Amid Facing Trial In Romania

Authorities are also seeking to confiscate Andrew Tate 21.08 Bitcoin holding (approx worth $565k). BTC is trading at aa price of $26,853.
Published by
Andrew Tate’s Bitcoin, Luxury Cars To Be Seized Amid Facing Trial In Romania

Bitcoin News: The Tate brothers, Andrew and Tristan have been charged with human trafficking and forming an organized crime group said Romania’s Directorate for the Investigation of Organized Crime and Terrorism. As per the notice, the authority is now seeking to get hold of the accused’s cryptocurrency holding, properties, luxury cars and watches.

Also Read: Binance Top Exec Taking Exit In Europe; The FUD Is Real?

Advertisement

Andrew Tate Accused Of Human Trafficking

As per the press release, the Romanian authority requested to seize severable movable and immovable assets held by the accused. This includes 15 lands and buildings located within the country, 15 luxury cars, and gold.

Authorities are also seeking to confiscate Andrew Tate’s 21.08 Bitcoin holding (approx worth $565k). Bitcoin price is up by over 1% in the last 24 hours. BTC is trading at an average price of $26,853, at the press time. Read More Crypto News Here…

Advertisement

Victim Abducted Using “loverboy method”

Romanian Authority claimed that Andrew Tate and the other three defendants constituted a criminal group to commit human trafficking. It should be noted that the authorities claimed that the crime was not only committed in Romania but also in other countries like the United States Of America and Great Britain.

Also Read: Ripple’s XRP Holding Was Never An Issue, Reveals XRP Lawyer

The victims were allegedly abducted by giving misleading promises of a relationship or marriage. This technique has been tagged as the “loverboy method” in the report. It added that around 7 people have been identified during the criminal investigation who were subject to forced labor. It is reported that the trial is expected to last several years while the Romanian judge has 60 days to check all the pieces of evidence in the case.

Advertisement

Share
Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Altcoin News

ASTER Token Rockets Over 10% in an Hour as Binance Announces Spot Listing

Crypto exchange Binance on Monday said it will list next-generation decentralized perpetual exchange Aster's crypto…

October 6, 2025
  • Altcoin News

Whale Dumps Massive $55 Million in XRP to Ripple as Coin Falls Below $3?

A whale alert regarding a massive $55 million XRP transfer to a Ripple wallet sparked…

October 6, 2025
  • 24/7 Cryptocurrency News

Aster Token Crashes 10% On DEX Integrity Issues Ahead of Airdrop, What’s Happening?

BNB-based decentralized exchange (DEX) Aster has come into the limelight recently, this time facing integrity…

October 6, 2025
  • Bitcoin News

Spot Bitcoin ETFs Record 2nd Best Weekly Inflows Ever, Bloomberg Analysts Bullish

Spot Bitcoin ETFs saw nearly $3.3 billion in net inflows last week, the 2nd largest…

October 6, 2025
  • 24/7 Cryptocurrency News

Michael Saylor Says “No New Orange Dots” Pausing Bitcoin Buys as Holdings Hit Record $79B

Michael Saylor hinted that Strategy would not be making its routine Bitcoin purchase this week.…

October 5, 2025
  • 24/7 Cryptocurrency News

Experts Turn Bullish on Pudgy Penguins as PENGU Leads Meme Coin Buys on Solana

Crypto experts have begun to make bullish projections for Pudgy Penguins’ native token, PENGU. This…

October 5, 2025