TLDR Crypto · MARKETS & BUSINESS

GERMAN BITCOIN SALE NETTED 'UNPRECEDENTED' €2.6 BILLION: DRESDEN PROSECUTOR

decrypt.co3 min read

Summary from the TLDR Crypto newsletter

German authorities have finished its "emergency sale" of ~50k Bitcoin, netting an "unprecedented" €2.6B ($2.88B). The funds are held in custody pending the conclusion of ongoing criminal trials. The sale was expedited because of BTC's volatility.