Andrew Tate, the former kickboxing champion and controversial online personality, can’t stop himself from thinking about crypto.
A notorious figure, Tate is facing the charges of rape and human trafficking in Europe and holds extremely misogynistic views.
The controversial social media personality has also promoted cryptocurrencies, many of which have collapsed amid insider trading allegations.
Tata himself is not the most successful of crypto traders. In fact, he faced a complete wipeout of his trading balance on the crypto derivatives exchange Hyperliquid last month.
The 39-year-old returns to the ring to fight against Chase DeMoor in the Misfits Mania bout at the Dubai Duty Free Tennis Stadium in Dubai, United Arab Emirates (UAE), on Dec. 20.
Tate says he can sell a UAE house for crypto
Ahead of the boxing event, Tate took to X and argued that the UAE is the best country in the world to buy property as an investment.
He said he can sell a property in UAE very quickly — a few days maximum — and receive cryptocurrency in return.
The UAE real estate has delivered strong returns for him, claiming his investments doubled in about three years. He highlighted zero taxes on rental income and capital gains, low-cost household staff, strong tenant protections that make eviction easier for non-payment, high levels of safety, and a fast-growing economy attracting wealthy people from around the world.
Overall, the controversial social media personality judged real estate in the Middle Eastern country as a simple, high-return, low-friction investment compared to buying real estate elsewhere.
Crypto continues to remain Tate’s preferred choice of currency, his comments show.
The total crypto market cap stood at $2.99 trillion at the time of writing. Bitcoin (BTC) was exchanging hands at $88,203.41 at press time, up 1% in a day.
