BREAKING
250d 18h ago

Czech Justice Minister Resigns Amid Bitcoin Scandal Involving $45 Million Drug Dealer Donation

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

The crypto landscape in the Czech Republic recently witnessed significant turbulence following the resignation of Justice Minister Pavel Blazek amidst controversy surrounding the handling of **Bitcoin** assets. According to a report from Cointelegraph dated June 1st, the **Czech Ministry of Justice** auctioned nearly 500 bitcoins, amassing around **1 billion Czech crowns** (approximately **$45 million**). This substantial figure was intended to fund vital projects, including the **digitization of the justice system**, initiatives to combat drug problems within prisons, and the enhancement of living conditions for prison staff.

This turmoil stemmed from the origins of the Bitcoin in question, traceable back to **Tomas Jirikovsky**, the infamous figure behind the “Sheep Marketplace,” a well-known platform on the **darknet** that facilitated the trade of illicit goods. The ramifications of this scandal highlight the complex relationship between **cryptocurrency** management and government oversight, further underscoring the necessity for regulatory measures in the evolving digital asset sphere.

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