The man who stole Ivanishvili's bitcoins fled to Armenia in a hiding place

The former partner of the founder of the ruling Georgian Dream party Bidzina Ivanishvili, Giorgi Bachiashvili, left Georgia in a special hiding place in a car. He left for Armenia on a Russian passport. This was reported in the Ministry of Internal Affairs of Georgia.

"As part of the investigation of the criminal case at this stage, it was established that on March 2, G.B. secretly crossed the state border of Georgia bypassing the border checkpoint in a specially arranged hiding place in a car, and then presented another passport confirming citizenship of the Russian Federation at the Armenian border checkpoint and crossed the border," the report says..

Bachiashvili, accused in two criminal cases, was released after bail was paid. On March 4, he announced on social networks that he had left the country because of the threat to his life. In Georgia, he was charged with illegally crossing the border.

The Interior Ministry is now identifying Bachiashvili's accomplices.

According to Sputnik Georgia, after the election of imprisonment as a preventive measure, Bachiashvili will be put on the wanted list, and the prosecutor's office will have the right to demand his extradition from foreign countries.

In 2024, Bachiashvili was charged with misappropriating a large amount of cryptocurrency and legalizing illegal income in the amount of $ 39.2 million in 2015-2017. According to investigators, he convinced Ivanishvili to invest in bitcoin mining, and then appropriated the income.

In 2025, he was also charged with dereliction of duty as the former chairman of the Co-Investment Fund, which he headed from 2013 to May 2019. And then, until 2023, he was Chairman of the Fund's Advisory Board.

According to investigators, Georgy Bachiashvili, as the General Director of the Fund, improperly performed his duties in investing in the Mtkvari HPP construction project.

In Georgia, in case of confirmation of guilt, he faces up to 9 years in prison.