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Czech Justice Minister Steps Down After Bitcoin Scandal

  • Czech Justice Minister Pavel Blažek resigns after receiving a $45 million Bitcoin donation from a convicted drug trafficker involved in darknet activities.
  • The Ministry of Justice announced the sale of 500 Bitcoins for 1 billion koruna to support public services, leading to a criminal investigation into the donation's legitimacy.
  • Blažek defends the donation but steps down to avoid tarnishing Prime Minister Petr Fiala's government before the upcoming elections.
  • Concerns about transparency and accountability arise as Czech authorities investigate the Bitcoin transaction for signs of money laundering, highlighting challenges in handling cryptocurrencies in criminal contexts.

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