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    Home»Bitcoin»Czech authorities hit with no-confidence vote over $45M Bitcoin scandal
    Czech authorities hit with no-confidence vote over M Bitcoin scandal
    Bitcoin

    Czech authorities hit with no-confidence vote over $45M Bitcoin scandal

    By Crypto EditorJune 13, 2025No Comments3 Mins Read
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    The Czech Republic’s essential opposition occasion has referred to as for a no-confidence vote within the authorities on Thursday, accusing it of corruption over a $45 million Bitcoin fee from a convicted prison.

    Alena Schillerova, vice chair of the right-wing ANO occasion, stated in a Thursday put up to X that her occasion felt there was “no alternative” however to submit the no-confidence movement, which is scheduled for Tuesday.

    The Czech Justice Ministry stated on Might 28 it had bought almost 500 Bitcoin (BTC) for 1 billion Czech koruna ($45 million) in an public sale after receiving it from Tomas Jirikovsky, who ran a web based black market and was convicted of embezzlement, drug trafficking and weapons violations in 2017.

    Czech authorities hit with no-confidence vote over $45M Bitcoin scandal
    Supply: Alena Schillerova

    Czech opposition needs probe on Bitcoin donation

    Within the days for the reason that sale, ANO has referred to as for an investigation into the conduct of the ministry and requested for data on who approved the transaction.

    Among the many different calls for are whether or not the origin of the Bitcoin was “legally vetted” earlier than the sale, in line with a Thursday put up from ANO.

    The occasion additionally alleged the winners of the Bitcoin public sale “are demanding their funds again” and wish to know “from what sources the harm will probably be compensated.”

    Justice minister resigns over scandal

    Czech Justice Minister Pavel Blazek resigned on Might 30 after dealing with mounting strain, however denied any wrongdoing and stated his determination to go away was about defending the federal government’s fame within the lead as much as the election in October.

    On Tuesday, Czech President Petr Pavel swore in Eva Decroix as the brand new justice minister, who promised to order an impartial probe into the ministry’s actions. 

    Supply: Eva Decroix

    She has since stated that the Ministry of Justice, below her management, would “present cooperation within the investigation of the donation case.”

    Different world leaders below hearth over crypto dealings

    Argentina’s president, Javier Milei, has additionally confronted scrutiny over his X put up endorsing the Libertad venture’s native Solana token, Libra (LIBRA), which rallied to a market capitalization of $4.56 billion on Feb. 14.

    Associated: Czech president indicators ‘landmark’ crypto invoice: CKMA

    It fell by over 94% after he deleted his put up, prompting accusations of a pump-and-dump scheme. Argentina’s anti-corruption workplace has cleared Milei of any wrongdoing and stated in a  June 5 decision that Milei was appearing in a private capability when he endorsed the token and didn’t violate federal ethics legal guidelines for public officers.

    US President Donald Trump has additionally been scrutinized by the nation’s opposing Democratic Social gathering over his crypto dealings.

    On Might 7, Democrat lawmakers launched a multi-prong assault on Trump’s crypto ventures with two payments and a subcommittee inquiry geared toward chopping his capacity to revenue from the initiatives.   

    Journal: US dangers being ‘entrance run’ on Bitcoin reserve by different nations: Samson Mow