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Andrew Tate struggles to pump memecoin amid Florida legal inquiry

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Andrew Tate managed to pump his DADDY coin by simply 17% yesterday regardless of his greatest efforts to shill the token amid a “now-active criminal investigation” from Florida legislation enforcement.

Tate is actually sticking it to the “Matrix” by including one other token shill to the quite a few pump and dumps he’s reportedly carried out on his followers and crypto merchants. 

DADDY’s market cap was round $29.4 million at 3:40 pm UTC. Tate then shared the token’s handle on X at 3:49 pm, resulting in a 17% rise to $34.5 million half an hour later. It then fell by 11% over the subsequent hour.

Learn extra: Why was crypto so fast to embrace Andrew Tate?

For 5 minutes, the token’s quantity peaked at $328,167 however plummeted to $21,233 10 minutes later at 4 pm. Quantity throughout Pump Enjoyable, the memecoin platform the place DADDY was created, is down total this yr, together with its income and the variety of graduated tokens. 

Tate brothers below legal investigation within the US

Tate and his brother Tristan left Romania final week and flew to the US after prosecutors lifted his journey ban amid stress from Donald Trump’s administration. In Romania, the brothers are charged with human trafficking, rape, sexual activity with a minor, and forming a legal gang targeted on sexually exploiting ladies. 

Now it seems the Tates might need, in impact, voluntarily extradited themselves to the US as they now face a legal investigation from Florida’s legal professional common James Uthmeier.

Learn extra: Andrew Tate’s ‘War Room’ harasses Coffeezilla over shitcoin enquiry

He mentioned, “Based on a thorough review of the evidence, I’ve directed the Office of Statewide Prosecution to execute search warrants and issue subpoenas in the now-active criminal investigation into the Tate brothers.”

Within the US, the brothers additionally face a civil lawsuit from an alleged sufferer who claims they trafficked her into intercourse work and used a defamation lawsuit to bully her into withdrawing her testimony to Romanian authorities. 

Tate’s response to the investigation.

Customers on-line have famous that Florida is able to issuing the dying penalty to convicted pedophiles. Nonetheless, the brothers would must be convicted of committing or conspiring to commit sexual battery in opposition to a toddler below the age of 12.  

The Tate brothers have denied all allegations, and their authorized group claimed Uthmeier “threw ethics law out of the window,” when he launched his “inflammatory” and “biased” investigation. 

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