bitcoinea

Germany just 'earned' itself $38 million in crypto - let's see if it makes a silly mistake again

Germany just 'earned' itself $38 million in crypto - let's see if it makes a silly mistake again

German law enforcement seized €34 million - equivalent to around $38 million - in cryptocurrency from eXch, a cryptocurrency that was allegedly used to launder funds stolen from the Bybit hack.


The German government hasn't said a lot about it, but we do know that BTC, ETH, LTC and DASH (!?) have been seized.


A while back, Germany made headlines for spectacularly mistiming the sale.


The German government sold 50,000 BTC for $2.88 billion in July 2024.

As we all know, BTC is worth double that now.


Let's how creative they can get in making the same mistake again now.

How do you rate this article?

9


LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


bitcoinea
bitcoinea

Let’s talk crypto 💎💠

Publish0x Publish0x

Reward the author with $0.01 in crypto, and earn yourself as you read!

20% to author / 80% to me.
Rewards are FREE. Publish0x pays them, not you.

Page not displaying correctly?