A large Bitcoin sale by the Czech government has triggered political backlash and calls for a vote of no confidence.
The opposition party ANO is seeking answers about how the sale was handled and is pushing for a debate in parliament on June 17.
According to a June 12 post on X, ANO questioned whether the Justice Ministry had properly verified the source of the Bitcoin before the sale. The party also asked who had authorized the transaction and whether proper legal procedures had been followed.
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ANO claimed that some Bitcoin buyers are requesting refunds, although no specific details have been made public. The party also questioned how any compensation would be handled and what funds would be used.
Alena Schillerova, ANO’s vice chair, said in a June 12 post on X that the party had “no choice” but to take action.
The Justice Ministry sold nearly 500 Bitcoin on March 28, seized from convicted criminal Tomas Jirikovsky, for around 1 billion Czech koruna (about $45 million).
Justice Minister Pavel Blazek stepped down on May 30 following criticism. While he maintained he had done nothing wrong, he said he resigned to avoid further harm to the government’s reputation ahead of the upcoming October election.
Following Blazek’s resignation, President Petr Pavel appointed Eva Decroix as the new Minister of Justice. Decroix promised to support an independent investigation and said the ministry would cooperate in uncovering what happened during the sale.
Recently, Texas Representative Brandon Gill faced backlash for failing to report two Bitcoin purchases as required by the federal STOCK Act. How did that happen? Read the full story.
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