According to the BBC, Andrew Mountbatten Windsor arranged for businessmen from a cryptocurrency mining company to pay his ex-wife up to £1.4 million for a special tour of Buckingham Palace during the late Queen’s visit. For the June 2019 visit, Jay Bloom and his colleague Michael Evers were picked up from their five-star Knightsbridge hotel and brought through the palace gates in the former prince’s own vehicle.
Sarah Ferguson worked for Pegasus Group Holdings, the firm Mr. Bloom co-founded, as a “brand ambassador” for a cryptocurrency mining scam that, less than a year later, flopped, costing investors millions of dollars.
Later that day, the then-prince invited Mr Evers and Mr Bloom to attend his Pitch@Palace event, which was a business pitching competition akin to Dragons’ Den, at neighbouring St. James’s Palace. Later that day, they had dinner with Andrew, Ms. Ferguson, and their daughter, Princess Beatrice.
During her tenure as Duchess of York, Ms. Ferguson was promoting plans to mine Bitcoin at a distant location in the Arizona desert using hundreds of solar power generators for Pegasus Group Holdings. However, only 615 of the 16,000 generators that were supposed to be purchased and only $33,779 (about £25,000) worth of cryptocurrency were mined before the project finally failed.
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