Within the framework of an ongoing criminal investigation into money laundering, separated from the criminal case against Giorgi Bachiashvili, the Prosecutor's Office of Georgia, based on a judge’s order, has imposed a seizure on the bank accounts and assets of Giorgi Bachiashvili’s parents that were acquired during and after the commission of his crimes, according to a statement released by the Prosecutor's Office.
"We remind the public that, by the verdict of the Tbilisi City Court dated March 10, 2025, Giorgi Bachiashvili was found guilty of the unlawful appropriation of a large amount of cryptocurrency and the legalization of illegal income, and was sentenced to 11 years of imprisonment. This decision was upheld by the Tbilisi Court of Appeals.
During the court proceedings, it was indisputably proven that after unlawfully appropriating 8,986.86 bitcoins, Giorgi Bachiashvili, with the intent to conceal the illegal origin of these assets, carried out various financial operations and actions to disguise their true source, thereby enabling the free disposal and use of the illegally obtained assets.
Subsequently, the convicted individual, personally and through related persons or business entities, acquired, possessed, and transferred various assets, thereby legalizing the unlawfully appropriated cryptocurrency and the particularly large amount of funds obtained from its disposal.
The investigation at the Prosecutor's Office of Georgia continues to establish the involvement of Giorgi Bachiashvili’s family members and other individuals in the crime," the statement reads.