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

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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?

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…

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.

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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

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