Investing
George Bachiashvili’s lawyer denies $39M Bitcoin misappropriation charges
© Reuters
The legal team representing billionaire entrepreneur George Bachiashvili has issued a statement denying the criminal charges filed by the Prosecutor’s Office of Georgia alleging that the businessman misappropriated worth $39 million.
On July 6, the prosecutor’s office charged Bachiashvili with the misappropriation of crypto and money laundering. The office said that Bachiashvili engaged in Bitcoin (BTC) mining in 2015 with an investor who expected the profit to be divided in proportion to the invested funds.
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