The cryptocurrency was eventually liquidated by the ministry, bringing in approximately 1 billion koruna (close to $45 million).
Although Blažek asserted he had no knowledge of any unlawful conduct tied to the donation, he chose to resign in order to prevent further harm to the government’s image. In an X post, he stated, “I don’t want to harm the government’s or the ruling coalition’s reputation.”
As reported by local media, Czech authorities have opened an inquiry into the source of the Bitcoin. While Blažek continues to claim that there is no proof the funds were obtained illegally, emerging reports indicate the donation may have originated from an individual previously convicted of drug-related offenses.
READ MORE:
In response to the resignation, Czech Prime Minister Petr Fiala defended Blažek’s moral integrity and said he thought the minister performed honorably. However, he also called the resignation a “sound and responsible” choice given the growing wave of public attention. The announcement comes at a politically sensitive time, with national elections approaching and Fiala’s coalition currently lagging in voter support.
The controversy has fueled ongoing debate about the importance of accountability and tighter oversight when it comes to how government bodies manage crypto holdings.
The post originally appeared on Coindoo with the headline Czech Justice Minister Resigns Over Controversial Crypto Gift from Drug Trafficker.
There are no reviews yet. Be the first one to write one.
