Katie Price Says Husband's Crypto Wallet Contained $3, Not $50 Million

Katie Price has revealed on Good Morning Britain that she has ended her marriage after inspecting her husband's cryptocurrency wallet and discovering roughly $3 instead of the $50 million she says Lee Andrews had pledged.

Andrews, who is being held in a civil jail in the United Arab Emirates because of unpaid debts, sent the programme a voicenote from detention. He claimed she had accessed the wrong wallet and that the funds are genuine.

Discovery Inside the Crypto Wallet

According to Price, a friend who deals in cryptocurrency opened the wallet on her phone while she was overseas. The balance came to around £2.22, equivalent to roughly $3. She rechecked the wallet minutes before appearing on the show and reported no change.

Andrews did not contest that amount. He stated that the balance is located in a separate wallet, offered to transfer £10,000 to a presenter to demonstrate his ability to move funds, and volunteered to undergo a lie detector test once he is freed.

“I hope it actually shows by Wednesday that there is 50 million USDT there, which has been legitimately made,” Andrews said in the voicenote.

USDT is Tether, a stablecoin designed to trade near one dollar. As the third-largest crypto asset by market capitalization, 50 million units would be worth close to $50 million.

Other assertions have already unravelled. Price noted that Andrews had valued a ring he gave her at £72,000. A jeweller informed her the stones were lab-created and appraised the ring at approximately £5,000.

Why Wallet Balance Does Not Confirm Ownership

Anyone with the address can view a blockchain wallet. That is what enabled Price to verify the claim independently, without needing a bank, a lawyer, or his approval.

Katie Price went on live TV yesterday to talk about her ex-husband claiming he had a $50 million in crypto

but when she checked his wallet he only had $3 pic.twitter.com/wAZPZ3oWor

— Crypto Tea (@Cryptotea) September 17, 2026

The information stops there. An address shows what is stored inside it, but not who holds the private key needed to move the funds. Sending a payment out proves access at that instant, not ownership of the account.

Courts are navigating the same ambiguous territory. Tether is facing a lawsuit over frozen wallets containing $42.4 million, a case focused on who controls an address and who is authorized to act on it.

“I feel embarrassed because I feel he’s scammed my heart and stole my trust,” Price said in the interview.

She has filed for divorce. Andrews remains in custody over debts he claims he has already settled, and he anticipates being released soon. He has not disclosed the wallet address publicly, so there is still no way to verify whether the $50 million ever existed.