Venture Capitalist George Bachiashvili Imprisoned in Georgia
- George Bachiashvili, founder of Mission Gate, is accused of embezzling 8,253.13 BTC between 2015 and 2017.
- Bachiashvili allegedly violated bail conditions by crossing into Armenia on March 2.
- The Georgian court ordered his imprisonment after the bail breach.
- He had previously repaid a $5 million loan to Cartu Bank in 2016.
- Bachiashvili faces charges under Articles 182 and 194 for property misappropriation and money laundering.
A Georgian court has ordered the imprisonment of George Bachiashvili after he allegedly violated bail conditions by leaving for Armenia. He is accused of embezzling Bitcoin worth millions from former PM Bidzina Ivanishvili’s investments.
Source (2.6)https://decrypt.co/309179/aide-former-georgian-pm-flees-country-bitcoin-case?rand=52368
