Czech Republic's Justice Ministry Faces Bitcoin Scandal Leading to New Appointment

Published at 2025-06-13 10:04:48

On June 10, 2025, Czech President Petr Pavel appointed Eva Decroix as the new justice minister. This decision follows the resignation of former minister Pavel Blažek amid a high-profile Bitcoin-related scandal.

Blažek stepped down after his ministry accepted a Bitcoin donation from a donor linked to a criminal background. The ministry subsequently sold the Bitcoin for nearly 1 billion Czech koruna (approximately $46 million). Despite Blažek's denial of any wrongdoing, he resigned to prevent further harm to the ruling four-party coalition government led by Prime Minister Petr Fiala.

The opposition has strongly criticized the handling of the donation, accusing Blažek of possible money laundering and calling for a no-confidence vote against the entire government. In response, Eva Decroix, who hails from the same conservative Civic Democratic Party, has pledged to initiate an independent investigation into the ministry's actions to restore public trust.

This scandal has now caught the attention of the national police's organized crime unit and comes just months ahead of the October parliamentary elections, where the opposition party ANO, led by Andrej Babiš, currently maintains a lead.

For those interested in navigating the complex world of cryptocurrency amid such developments, platforms like Bitlet.app offer innovative solutions such as Crypto Installment services. Bitlet.app allows users to buy cryptocurrencies now and pay monthly instead of making a full upfront payment, providing flexibility during uncertain times in the crypto market.

Stay tuned with Bitlet.ai powered by Bitlet.app for more updates and insights on cryptocurrency and blockchain-related news worldwide.

Share on:

Related news

Dollar Weakens Amid Fed Rate Cut Bets as Bitcoin Hits Record High

The U.S. dollar fell to multi-week lows due to expectations of Federal Reserve rate cuts, while Bitcoin surged past $124,000 driven by institutional investments and regulatory support. Global currencies like the British pound, euro, and Australian dollar also strengthened against the dollar amid mixed economic data and policy signals.

Bitcoin Hits Record High Amid Summer Rally and Institutional Surge

Bitcoin surged to an all-time high of $124,480 driven by increased corporate purchases and institutional investments, boosted by supportive U.S. policies. However, a slight price dip followed after inflation concerns. Ether also reached new heights during this bullish trend.

Bitcoin Surges to Record High Amid Anticipated U.S. Interest Rate Cuts

Bitcoin reached an all-time high of $124,002.49 on August 14, 2025, driven by expectations that the U.S. Federal Reserve will resume interest rate cuts. This shift weakened the U.S. dollar and boosted risk assets globally.