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German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion


German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal...

Bitcoin sale nets German government $2.8B


The Dresden Public Prosecutor’s Office has confirmed the emergency sale of 49,858 Bitcoin between June 19 and July 12, 2024, in connection with the Movie2k investigation

German Government Bagged $2.88B in the Bitcoin Sell-Off


German law enforcement agencies have successfully converted their seized Bitcoin into a staggering $2.88 billion (€2.639 billion). This sale marks one of the largest liquidations of confiscated cryptocurrency by any government to date. German Government Offloaded Bitcoin Holdings Strategically...

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