A Georgian investor named Kakha Bachiashvili is facing charges of embezzling over 8,000 BTC and money laundering. Bachiashvili had been given bail but violated the conditions by crossing the border into Armenia. He has now entered a third country and declined to disclose his location. The charges against him are deemed by Transparency International as reflecting the private financial interests of Bidzina Ivanishvili, Georgia's billionaire "real ruler." The case relies on testimonial evidence and lacks strong legal and factual grounds, according to the NGO. If found guilty, Bachiashvili could face up to 12 years in prison.



Other News from Today