The Prosecutor’s Office of Georgia announced that the bank accounts of Giorgi Bachiashvili’s parents, as well as assets acquired by Bachiashvili during and after the crime, have been seized as part of an ongoing criminal investigation.
According to the statement, the investigation aims to determine the possible involvement of Bachiashvili, his family members, or other individuals in the case.
“Within the framework of the ongoing investigation into money laundering linked to the criminal case against Giorgi Bachiashvili, the Prosecutor’s Office of Georgia, based on a judge’s ruling, has seized the bank accounts of Bachiashvili’s parents, as well as assets acquired by him during and after the commission of the crime.
The public is reminded that on March 10, 2025, the Tbilisi City Court found Giorgi Bachiashvili guilty of illegally appropriating a large amount of cryptocurrency and laundering illicit income. He was sentenced to 11 years in prison, a verdict later upheld by the Tbilisi Court of Appeal.
During the trial, it was proven that after misappropriating 986.86 Bitcoins, Bachiashvili attempted to conceal the illegal origin of the assets through multiple financial transactions, enabling him to freely use and dispose of them. He subsequently purchased, owned, and transferred various assets, personally and through related individuals or business entities, thereby legalizing the misappropriated cryptocurrency and a particularly large amount of funds derived from it,” Prosecutor’s Office stated.
The Prosecutor’s Office noted that the investigation is still underway to determine the possible involvement of Bachiashvili’s family members or other individuals in the crime.