Instagram influencer Andrew Tate suspected of involvement in crypto money laundering activities, has deposited $30 million into Railgun over the past two years.

PANews December 27 News, on the X platform, on-chain analyst Specter stated that crypto KOL and Instagram influencer Andrew Tate may be involved in cryptocurrency money laundering activities. His associated wallet has deposited $30 million into Railgun over the past two years. Specter obtained his wallet address through a private message screenshot published by Andrew Tate on June 9, 2024. Tracking revealed that this wallet address is linked to a “pig butchering” fraud case in Texas. Although Andrew Tate has not been named as a defendant in the case, the fund flows in the associated wallet are suspicious. These activities demonstrate common money laundering techniques, including small and large transfers through nested services and high-risk exchanges.