Altcoins News
By Jean-Luc Maracon
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108 Liquidations and Counting. The scale of the losses matters here. It's not one bad trade. It's a pattern.
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Romania Expands the Criminal Case. Romanian prosecutors aren't done with him. The latest charges involve a Romanian woman who says…
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UK Charges and the Extradition Question. Romania isn't the only jurisdiction with Tate in its sights.
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Andrew Tate is bleeding money on Hyperliquid. His trading positions have been liquidated 108 times, pushing total losses to nearly $890,000 — all while Romanian prosecutors pile…
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The numbers are pretty wild. Crypto analyst Lookonchain caught Tate opening a 40x long position on Bitcoin worth $3.75 million. The liquidation price was set at $65,215.
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The scale of the losses matters here. It's not one bad trade. It's a pattern. Lookonchain's data paints a picture of someone repeatedly taking on massive leveraged risk in a…
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He's still trading. That's the part that's hard to ignore. Despite the losses, Tate hasn't stepped back from Hyperliquid.
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Crypto markets have seen plenty of high-profile traders blow up on leverage. It's not a new story.
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Romanian prosecutors aren't done with him. The latest charges involve a Romanian woman who says Tate trafficked her into his webcam operations back in 2017.
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Related: Wise Payments Hit with £33 Million Fine Over Russian Sanctions Failures
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Tate already faces serious charges in Romania, including human trafficking and rape. The new allegations add another layer to a case that's been building for years.
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The method prosecutors describe is consistent across the allegations: promises of romantic relationships, emotional manipulation, targeting women who lacked support.
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Romania isn't the only jurisdiction with Tate in its sights. The UK has pressed charges against Andrew Tate and his brother for 21 offenses — including human trafficking and…
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That's a complicated legal position. Two countries, multiple serious charges, and a sequencing problem where one jurisdiction has to finish before the other can even start.
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More context: Illinois Slaps a 0.2% Tax on Every Crypto Business Transaction in the State
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