Katie Price, 47, has broken her silence after her ex Alex Reid shared a video of the then-bankrupt star appearing to count wads of money. Her other ex, Peter Andre, is reportedly seeking legal action after their 18-year-old daughter Princess Andre was dragged into her mum's latest drama.

Alex, 50, told his social media followers on Monday night he's "exposing the truth" about Katie in a lengthy Instagram post. In it, he shared a video, understood to have been filmed in 2020, showing Katie saying she's "enjoying counting" cash in front of Princess.

In another part of the video, Katie is heard calling Pete's wife, Emily Andre, "irrelevant" and trying to get her young daughter to agree with her. After asking the teenager what Peter says about paying school fees, Katie is seen holding up her middle finger as she tells Princess, “Your dad can sit on that.”

And now her representatives have told the Daily Mail: "This is a video that was shared with Katie’s Trustee in Bankruptcy several months ago...

"Katie has fully complied with the Trustee’s investigations into the same. The cash featured did not belong to Katie, and the property referred to was dealt with in the financial settlement proceedings arising out of Katie’s divorce from Peter Andre..."

They added: "Katie's Trustee in Bankruptcy is aware of the property and has undoubtedly investigated whether the same ought to be comprised in the bankruptcy estate."

A source told The Mail: "Peter has seen the video and is totally disgusted, even more so because his young daughter has been involved in it."

According to the publication, Peter's representative said the Mysterious Girl singer will be "dealing with his lawyers" over the video.

Katie was declared bankrupt twice in 2019 and again last year over an unpaid tax bill, but she was discharged from both bankruptcies last year.

Alongside the video, Alex cryptically penned: "For years, I've watched as stories — many false, exaggerated, or deliberately twisted — have been pushed out into the public. Fake news isn't just a headline; it destroys lives, reputations, and families.

"This has been years in the making. Countless hours of collaboration, gathering evidence, and finding the strength to finally stand up and say: Enough is enough.

"I have stayed quiet long enough. Now is the time to speak. This isn't about gossip, this isn't about drama - this is about the truth.

"The announcement I'm about to make will challenge the false narratives and shine a light where it has been needed for far too long. The time for speculation is over. The truth is about to come out."