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And More February 17, 2023 2 mins read

Authorities Seize Thousands in Bitcoin From Andrew Tate Amid Human Trafficking Probe

And More ı By Gabrielle Seunagal

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USA Herald

Since the arrest of Andrew Tate in late December 2022, increasingly disturbing details have come out about him.

He was apprehended alongside two women known to him and his brother, Tristan, on charges of rape, human trafficking, and organized crime. However, more details keep coming to light.

For starters, Tate stands accused of conspiring with the women arrested with him for human trafficking.

Georgiana Naghel and Luana Radu are the female pair also apprehended in late December. They remain charged with working as "enforcers," along with beating and torturing trafficked women if they stepped out of the boundaries set by Tate and his brother.

Since Tate's arrest, he's lost two appeals to get out of Romanian detention and keep law enforcement from impounding his assets.

Officials recently moved to seize Tate's overseas assets, rather than merely the ones he has in Romania. Though reports now indicate that some of the assets impounded include hundreds of thousands of dollars in Bitcoin.

What to know about the Bitcoin seizures

According to a Tate spokesperson, Romanian authorities put a freeze on $500,000 in Bitcoin owned by the Tate brothers.

Well before his arrest, Tate spoke about his love of Bitcoin. He also declared receiving payments in Bitcoin is a great way to dodge paying taxes or otherwise dealing with legal regulations pertaining to finances.

Though the freeze put on these funds indicates that Romanian officials disagree. Authorities were able to make this freeze via their access to hardware wallets used to store various cryptocurrencies.

If Tate is found guilty of human trafficking and/or rape, his impounded assets are going toward victim compensation.

More to come?

Before news broke about the Bitcoin seizures, the public also learned that Romanian law enforcement officials contacted their Dubai counterparts. This happened so they could obtain a high-end sports car belonging to Tate in the country.

He is likewise believed to have assets in Ireland, the United Kingdom, and the United States. Therefore, Romanian officials may have much more work to do in impounding what remains of Tate's assets.

Anyone who wishes to report what they believe to be human trafficking can contact the National Human Trafficking Hotline via phone at 1 (888) 373-7888 or by text at 233733.

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Gabrielle Seunagal

Gabrielle Seunagal is a full-time freelance writer, editor, and voice actor, who worked with USA Herald from June 2017 to November 2024. She is passionate about fitness, travel, and combating human rights abuses like human trafficking and child marriage.

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