Andrew Tate’s Meme Coin Crashes 40% Since His Arrest: Details
In the summer of 2024, a meme coin named DADDY went viral on crypto X, and its price skyrocketed within days. The controversial influencer Andrew Tate supported the token, and in the following months and years, his announcements or actions have triggered substantial price volatility.
Just a few days ago, he was arrested, which resulted in a major price decline for DADDY. Check out what exactly happened.
Tate Behind Bars
Besides being famous for his successful kickboxing career, Tate has also made global headlines due to his legal troubles. Over the years, he has faced multiple charges in the UK, Romania, and the USA, and has been arrested on numerous occasions.
On July 19, he and his brother (Tristan Tate) were once again detained in Miami after the British authorities issued 38 new criminal counts against them, including rape, actual bodily harm, and human trafficking.
“We have decided to prosecute Andrew and Tristan Tate for further offenses including rape, arranging or facilitating trafficking for sexual exploitation and offenses relating to indecent images of a child,” Malcolm McHaffie, head of the Special Crime Division at the CPS, said.
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