British television personality Katie Price is reportedly moving to divorce husband Lee Andrews after a cryptocurrency wallet he had presented as evidence of a $50 million fortune was found with a balance of about $3.
Andrews had told Price he held roughly $50 million in cryptocurrency and would give her access to part of the money. He later provided a recovery phrase that a financial expert used on August 31 to access the wallet, which contained £2.22 at the time of the check.
The wallet reportedly reached a maximum balance of about $14,490, or £10,720, during one day in March before the funds were transferred out the same day.
No public wallet address or transaction record accompanied the disclosure, preventing independent verification of the balance history or confirmation that the wallet represented Andrews’ wider crypto holdings. The figures come from original reporting based on a source close to Price who described the wallet examination and access credentials.
A recovery phrase gives control over the addresses generated from that wallet, but possession of one phrase does not establish the full extent of a person’s holdings across other wallets, exchanges or financial accounts.
The discrepancy nevertheless became the final reported break in a relationship already under pressure over Andrews’ finances and legal problems in Dubai.
Price reportedly confronted Andrews through WhatsApp after the wallet was accessed and told him she believed she had been deceived.
She subsequently consulted a London divorce lawyer about ending the marriage. Price had not publicly commented on the divorce reports by September 2, while ITV described her as looking to file rather than treating the divorce as completed.
The couple’s relationship developed rapidly. Price announced their engagement on January 23, held a ceremony in Dubai on January 25 and formally registered the marriage at Abu Dhabi’s civil family court on February 17.
Andrews has spent periods in custody in Dubai since May over civil matters and returned to Al Awir prison in July. Price had not seen him since June by the time the split was reported.
Questions over Andrews’ claimed wealth surfaced soon after the marriage. Price initially defended him publicly and said in March that she had seen evidence supporting his financial position.
By August 31, she had removed her wedding ring, and the wallet check was followed the next day by her reported decision to end the relationship.
Price has since been photographed without the ring and has continued posting from Marbella while legal discussions over the marriage proceed.
As of September 3, Price is reported to have consulted divorce counsel and ended the relationship, but no completed divorce has been publicly established.
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