Giorgi Bachiashvili Arrested for $39.2 Million Crypto Theft
- Giorgi Bachiashvili was detained by Georgian authorities on charges of cryptocurrency theft.
- He was found guilty of embezzling $39.2 million in crypto assets.
- Bachiashvili is ordered to repay approximately 9,000 BTC.
- He had previously evaded capture and was sentenced to 11 years in prison in absentia.
- The arrest occurred between checkpoints “Red Bridge” and “Sadakhlo.”
Bachiashvili’s arrest highlights the risks associated with cryptocurrency transactions, as he faces an 11-year sentence for embezzling $39.2 million and must return 9,000 BTC.
Source (2.6)https://hodl.press/ex-partner-of-ivanishvili-arrested-in-georgia-for-crypto-theft/?rand=24434
