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 proceedings at the Leipzig Regional Court. 2.64 Billion Euros Raised […]

Jul 18, 2024 - 16:00
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German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion
German Authorities Announce Bitcoin Sale Completion, Net €2.6 BillionGerman 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 proceedings at the Leipzig Regional Court. 2.64 Billion Euros Raised […]

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