DADDY token plunged 26% after Andrew Tate's arrest on UK charges of rape and trafficking. The meme coin is 95% below its all-time high. British authorities seek extradition.
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Daddy Tate (DADDY), the meme coin tied to influencer Andrew Tate, fell 26% in less than two days after his arrest. The token dropped from roughly $0.01475 to $0.01089 on July 20.
The coin now trades 95% below its all-time high. It had been recovering from a crash in early 2026, briefly surging to $0.03 in early July. The arrest news reversed that recovery.
Andrew Tate and his brother Tristan were arrested July 18 in the United States. The Crown Prosecution Service decided to prosecute them. The charges include rape and trafficking. British authorities seek extradition for offences alleged between 2010 and 2017, according to a press release.
The CPS statement said Andrew Tate faces seven additional counts of rape, three counts of trafficking, three counts of assault, and 19 charges related to indecent images of a child and extreme pornography. Tristan Tate faces one count of sexual assault, two counts of rape, and three counts of trafficking.
The brothers have faced legal issues in multiple countries over the years. Their crypto ventures have also fared poorly. Beyond DADDY, Andrew Tate lost money trading oil and Bitcoin in 2026, Finbold reported.
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