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Andrew fixed palace visit for crypto-mining firm which had £1.4m deal with ex-wife

2025-11-02 16:00:03
Andrew met the owners of a crypto-mining firm which worked with Sarah Ferguson at Buckingham Palace
Jay Bloom posted a photo on social media of one of his visits to Buckingham Palace

Sarah Ferguson was paid more than £200,000 for her work for the company and a leaked contract reveals she was in line for a separate bonus worth £1.2m.

She also received a stake in the business, which proposed using solar generators to reduce the cost of the energy-intensive computer calculations needed to generate or "mine" the digital currency Bitcoin.

Her contract stipulated that she required first-class travel, five-star hotels and the services of a professional hairdresser and make-up artist for the maximum of four "networking events" she would attend on the company's behalf.

It said she did not "hold herself out as an expert on the solar industry" and therefore accepted no responsibility for "industry-related information or commercial assessments" used as the basis for her statements promoting the company.

Sarah Ferguson first met the Las Vegas businessman Jay Bloom in May 2018 when she was at a convention in the city to promote one of her children's books.

The pair struck up a friendship and business relationship.

Pegasus documents would subsequently describe her role as to "engage with the company's clients, investors and strategic relationships" as well as involvement with the company's planned "philanthropic activities".

For Mr Bloom, it was an introduction to royal circles which would lead to visits to Buckingham Palace and St James's Palace, a tour of Ms Ferguson and Andrew's home, the Royal Lodge in Windsor, and dinners with her and her family in at least four different countries.

Eight years before the duchess signed up to be a brand ambassador for Pegasus, Mr Bloom had hit the Las Vegas headlines, accused of missing payments and deceiving investors in connection with a "mob experience" exhibition in the city. Mr Bloom denied wrongdoing, fought investors' lawsuits and vowed to repay them.

He now had a new company, Pegasus, and ambitions to build a hotel and casino in Greece.

It was there in July 2018, while considering investing in the company, that Michael Evers, a former actor and reality TV star who had made money from cryptocurrency investments, first met Ms Ferguson.

The hotel and casino did not get built, but Mr Bloom had soon pivoted Pegasus to a new idea, one that was inspired by seeing a mobile solar power generator in use at the Las Vegas motor speedway in early 2019, according to filings in the later legal action brought by investors.

Mr Bloom and his co-founders hit upon a plan to use vast banks of these units to power a crypto-mining operation. The endeavour, the company estimated, would generate millions of dollars a month.

In March 2019, Ms Ferguson had dinner with Mr Bloom in Los Angeles. They had lunch at the Beverly Hills Hotel a few days later as she helped him try to close a deal for Pegasus. One of her daughters stopped by during the meal.

Mr Evers was now working for Pegasus as well as being an investor. He said he and Mr Bloom were regularly in London over the following months as they explored taking Pegasus public on the AIM market - part of the London Stock Exchange for growing companies.

Jay Bloom had several dinners with Sarah Ferguson and her family, including Princess Beatrice

He said he got to know Ms Ferguson and her family and "through all that, I met Prince Andrew [and] Princess Beatrice and a lot of their family" who he described as "really great people, really friendly".

"We were there once a month for a week to two weeks at a time and every time the relationships just kind of grew stronger and stronger and they started offering tours of different places, I guess like behind the scenes or I don't know what you'd call it," Mr Evers said. "And just wanting to introduce us to more and more people."

As well as a tour of the Royal Lodge, Andrew and his ex-wife arranged for the pair to visit Buckingham Palace on a day in June 2019 when it was closed to the public.

They were picked up from their Knightsbridge hotel by an official driver in a dark blue Range Rover used by Andrew and driven through the palace gates in the early afternoon.

Once inside they were taken through to the inner courtyard, where a female greeter was waiting to meet them. A video taken by the men from inside the car captured their arrival.

Mr Evers said Andrew arranged for them to briefly meet the late Queen, but Mr Bloom denied this

When challenged and presented with evidence from his own social media, which included footage of him being driven into the palace, and comments about spending time with Andrew, and there being "pictures I can post, the pictures I can't, and then the stuff I couldn't take pictures of... lol", Mr Bloom said he had misremembered.

He then admitted that he "was in fact shown to Andrews [sic] office and did thank him for the car and for him and Sarah arranging the tour".

He denied ever having met or been in the same room as the late Queen.

Mr Bloom made a second visit to Buckingham Palace in July 2019, photos show. On social media he made an apparently joking reference to "meeting HRH".

Two months later, Ms Ferguson was one of two celebrity guests - alongside the motivational speaker Tony Robbins, who says he has coached figures such as Serena Williams and Hugh Jackman - at a "ground breaking" for Pegasus's energy project launch in the Arizona desert.

They were flown in, with Mr Bloom, Mr Evers and others, in two black-and-gold helicopters and posed with gold-coloured spades and construction hats at the remote site of what Pegasus promised would become a multi-billion-dollar off-grid data centre.

With armed guards with AR-15 rifles and pistols standing nearby, Mr Bloom introduced Ms Ferguson at a press conference as a "personal friend".

In the short speech that followed, Ms Ferguson praised the company, saying she was "so proud to be here" and touted the potential philanthropic uses of the technology in Africa.

Sarah Ferguson, pictured with Michael Evers, had a contract which stipulated first-class travel