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Blogger plans to buy back bitcoin for $ 100 million

5:23 pm, May 17, 2024

Andrew Tate, a British-American blogger and former professional kickboxer, has announced plans to invest heavily in bitcoin, expressing his dissatisfaction with traditional banks and their methods of operation.

«I'm going to give up fiat money completely,» Tate said. «I've had enough of banks and their scams.» Tate shared his plans on the social network X, announcing his intention to move away from fiat currency and invest $ 100 million in bitcoin.

He emphasized his frustration with the banking system and expressed confidence in his decision, promising to show proof of his investment later.

As a reminder, the Romanian authorities confiscated significant assets from him, including VTC. Earlier, Tate advertised bitcoin for tax evasion and hinted at launching his own cryptocurrency.

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