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Czech Opposition Demands No-Confidence Vote Over $45 Million Bitcoin Payment

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by Giorgi Kostiuk

21 hours ago


In the Czech Republic, the opposition party ANO has initiated a no-confidence vote against the government, accusing it of corruption due to a Bitcoin deal worth $45 million.

No-Confidence Vote Against Czech Government

The opposition ANO party, led by Alena Schillerova, filed a no-confidence motion on Thursday, accusing the government of corruption in connection with the sale of nearly 500 Bitcoins received from a convicted criminal. Schillerova stated that the party felt it had no choice but to initiate this process, which is scheduled for Tuesday.

Investigation into Bitcoin Sale

In recent days, following the sale of Bitcoins, ANO has called for an investigation into the actions of the Justice Ministry and requested information on who authorized the transaction. The party also demanded to know if the legality of the Bitcoin's origin was vetted before the sale.

Resignation of Justice Minister

Czech Justice Minister Pavel Blazek resigned on May 30 under pressure, but denied any wrongdoing. He stated that his decision was made to protect the government's reputation ahead of the October elections. The new Justice Minister Eva Decroix promised to order an independent investigation into the Ministry's actions.

The discovered transaction involving the sale of Bitcoin raises questions about the transparency of government finances, especially in the context of upcoming elections. The escalating political tension in the Czech Republic is a critical moment for the further development of the situation.

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