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November 2, 2025cryptonews logocryptonews

Prince Andrew Hosted Crypto Businessmen at Buckingham Palace in £1.4M Deal: BBC

Prince Andrew reportedly arranged a private tour of Buckingham Palace for two ￰0￱ involved in a failed cryptocurrency mining venture that had agreed to pay his ex-wife, Sarah Ferguson, up to £1.4 million, according to a BBC ￰1￱ Takeaways: Prince Andrew arranged a private Buckingham Palace visit for crypto businessmen tied to a failed £1.4M deal with his ex-wife, Sarah ￰2￱ earned over £200,000 from Pegasus Group Holdings, whose Bitcoin mining venture ￰3￱ revelations come as Buckingham Palace moves to strip him of remaining royal ￰4￱ meeting took place in June 2019 while Queen Elizabeth II was in residence, raising fresh questions about Andrew’s use of royal privileges for private ￰5￱ Andrew Welcomed Crypto Executives Linked to £1.4M Deal at Palace Event The businessmen, Jay Bloom and Michael Evers, co-founders of the Arizona-based Pegasus Group Holdings, were chauffeured through the palace gates in the Duke of York’s car before attending Andrew’s Pitch@Palace business event later that day.

Ferguson, who was employed by Pegasus as a “brand ambassador,” joined the pair for dinner that evening with Andrew and their daughter, Princess ￰6￱ claimed to be building a large-scale Bitcoin mining operation powered by solar energy in the Arizona desert, but the project collapsed within a year, leaving investors millions out of ￰7￱ filings later revealed that only 615 of 16,000 planned generators were ever purchased, producing just £25,000 worth of ￰8￱ investors eventually won a $4.1 million arbitration award after accusing the company of misusing funds, a ruling Bloom is ￰9￱ obtained by the BBC show Ferguson was paid more than £200,000 for her work with Pegasus, with a contract entitling her to an additional £1.2 million bonus and shares in the ￰10￱ agreement required first-class travel, five-star accommodation, and professional styling services but stated she bore no responsibility for the company’s technical ￰11￱ revelations reignite concerns about Andrew and Ferguson’s financial ties and the blurred lines between their royal status and private ￰12￱ Palace confirmed on Thursday that formal steps are underway to strip Andrew of his remaining titles and his Windsor residence amid ongoing scrutiny of his past associations, including his links to Jeffrey ￰13￱ Andrew stripped of all ￰14￱ Charles formally removes Style, Titles and Honours of Prince ￰15￱ with immediate ￰16￱ will now be known as Andrew Mountbatten Windsor.

Also, he's kicked out of Lodge ￰17￱ — Dina Shakti (@Dina_Shakti) October 30, 2025 Pegasus co-founder Bloom denied meeting the late Queen during his palace visit but admitted thanking Andrew and Ferguson for arranging the ￰18￱ Crypto ETN Fee War Erupts After Regulator Reopens Retail Access As reported, a price war has broken out among UK crypto exchange-traded note (ETN) issuers after the Financial Conduct Authority (FCA) lifted its four-year ban on retail ￰19￱ decision, effective October 8, allows everyday investors to buy Bitcoin and Ethereum-linked ETNs through tax-free accounts such as ISAs, marking a major shift in the UK’s regulatory approach to digital ￰20￱ move triggered immediate fee cuts across major ￰21￱ slashed its Core Bitcoin ETP fee from 0.2% to 0.05%, while 21Shares lowered its Bitcoin and Ethereum products to 0.1%.

Fidelity, Invesco, and BlackRock joined the fray with temporary discounts, and CoinShares continued to lead the ether market by offering zero management fees, offset through staking ￰22￱ volumes on the London Stock Exchange surged following the policy change, with daily Bitcoin ETN turnover rising from $2.1 million to $7.2 million.

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