Overview
- On August 15, Devon and Cornwall Police obtained Westminster Magistrates’ Court orders to freeze and forfeit a £180,000 deposit Andrew Tate paid in July 2021 toward an Aston Martin Valhalla.
- Court filings state the deposit was financed from a Coinbase cryptocurrency account holding business proceeds that never paid tax or VAT and had been laundered through bank accounts.
- The seizure increases civil asset forfeiture against the Tate brothers to almost £2.9m following a December 2024 judgment finding deliberate and dishonest tax evasion.
- Neither Andrew Tate nor his brother opposed the latest orders and the funds will be distributed under the Proceeds of Crime Act between community and victim support schemes and the Treasury.
- The civil forfeiture measures run alongside ongoing UK civil litigation over sexual violence claims and separate criminal prosecutions in Romania.