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Home Blockchain

Czech justice minister resigns over $45M Bitcoin gift from convict

by wireopedia memeber
June 1, 2025
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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Czech justice minister resigns over $45M Bitcoin gift from convict
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Czech Justice Minister Pavel Blazek resigned following backlash over his ministry’s sale of Bitcoin donated by a convicted criminal.

Czech Justice Minister Pavel Blazek has stepped down following a scandal over his ministry’s sale of nearly $45 million worth of Bitcoin donated by a convicted drug trafficker.

The controversy erupted on May 28 after the ministry posted on X that it had raised close to 1 billion Czech koruna (approximately $45 million) by auctioning off nearly 500 Bitcoin (BTC).

The funds were earmarked for projects such as digitizing the justice system, combating drug use in prisons, and improving housing for prison staff.

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