Czech Justice Minister Resigns Over $45M Bitcoin Donation Scandal
From Cointelegraph
June 1, 2025 07:25:00 AM:
Czech Justice Minister Pavel Blazek resigns after scandal over ministry’s sale of $45 million worth of Bitcoin from convicted drug trafficker Tomas Jirikovsky. Controversy erupted on May 28 after ministry auctioned off nearly 500 BTC. Blazek accepted one-third of Bitcoin as donation without investigating its origins, leading to public outcry and police investigation.
Blazek steps down on May 30 due to mounting pressure and upcoming legislative elections. Prime Minister Petr Fiala distances himself from Blazek, who was a long-time political ally. Blazek states he does not wish to damage the government’s reputation. Czech President signed landmark cryptocurrency legislation into law on Feb. 6, providing regulatory clarity aligned with EU laws. Legislation simplifies crypto tax rules and implements EU’s Markets in Crypto-Assets regulation.
Read more at Cointelegraph: Czech Justice Minister Resigns Over $45M Bitcoin Donation Scandal