Czech Justice Minister Resigns Amid Bitcoin Sale Controversy

Czech Justice Minister Pavel Blažek resigned after a controversy erupted over the sale of 468 bitcoins donated by a former convict. The donation, valued at CZK 1 billion, was subsequently sold by the ministry, sparking public outcry and legal investigations into potential money laundering. Blažek maintains he acted within the law but stepped down to protect the government’s reputation. Political and market repercussions are being assessed as investigations progress, with impact on the Czech government’s credibility, political stability, and market trust.