Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

A Cryptocurrency Project Has Decided to Shut Down for Good

02/06/2026

Coinbase reports equities outperform crypto amid strong earnings data

02/06/2026

XRP Reaches $400M in Tokenized RWAs Faster Than Ethereum

02/06/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Expert Analysis on How Bitcoin Price Will Behave This Week and In June

    02/06/2026

    Bitcoin Price Under Pressure as Demand Falls to Most Bearish Level in 2026

    02/06/2026

    Can Bitcoin sprint towards $100k on the heels of Iran/US peace MOU?

    02/06/2026

    Bhutan Sells $900M in Bitcoin Over 11 Months at Average Price of $98K, On-Chain Data Shows

    02/06/2026

    Ethereum treasury firms lean on staking as ETF pressure builds: Report

    01/06/2026

    Rally Next or Further Downside?

    01/06/2026

    Vitalik Buterin pushes privacy and security as EF priorities while Aave’s Kulechov bets on revenue

    01/06/2026

    Why Vitalik’s Vision for Ethereum Is Bearish for ETH, According to Dragonfly Capital

    01/06/2026

    XRP Expands Institutional Footprint with Dubai License, UBS ETF Exposure, and JPM-Mastercard Pilot

    02/06/2026

    What Is RLUSD? Ripple’s Stablecoin Explained

    02/06/2026

    Ripple CEO Says Ripple May Do “Something Special” for XRP Holders After IPO

    02/06/2026

    Meet New XRP Ledger Foundation Team

    02/06/2026

    Cripco Joins Minicoin, Fueling Speculation IPX Is Exiting NFT Business

    28/05/2026

    Tokenized Pokémon Card Sales Surge to Record $7.4 Million in First Week of May

    27/05/2026

    Pudgy Penguins Deepens Ties With Manchester City in Expanded Partnership

    20/05/2026

    We’re building one app for NFTs, meme coins, perps, and major cryptos

    20/05/2026

    A Cryptocurrency Project Has Decided to Shut Down for Good

    02/06/2026

    Coinbase reports equities outperform crypto amid strong earnings data

    02/06/2026

    XRP Reaches $400M in Tokenized RWAs Faster Than Ethereum

    02/06/2026

    Expert Analysis on How Bitcoin Price Will Behave This Week and In June

    02/06/2026
  • Blockchain

    XRP Reaches $400M in Tokenized RWAs Faster Than Ethereum

    02/06/2026

    Solayer Launches Margin Trade Testnet

    02/06/2026

    Base’s state update system went down and nobody noticed

    02/06/2026

    XRP Gets Featured in Bitwise’s First-Ever $259 Million Tokenized Fund, CEO Speaks Out

    02/06/2026

    Cardano partners with Token Terminal to enhance onchain data access

    02/06/2026
  • DeFi

    Aave overhauls listing standards after $230 Million rsETH exploit exposed bridge risks

    02/06/2026

    UTXO Joins Stacks Bitcoin Staking

    02/06/2026

    Ethereum’s Vitalik Buterin is rethinking how DeFi handles market crashes

    02/06/2026

    Four hacks, three outages, one warning

    02/06/2026

    XRP Ledger’s new proposal blocks the flash loan attacks costing DeFi hundreds of millions

    01/06/2026
  • Metaverse

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026

    Mark Zuckerberg’s Meta launches new AI initiative after metaverse retreat

    25/03/2026
  • Regulation

    A Cryptocurrency Project Has Decided to Shut Down for Good

    02/06/2026

    How Will This Affect the Price of Bitcoin?

    02/06/2026

    SpaceX targets June 11 IPO pricing, picks Nasdaq for historic market debut

    02/06/2026

    Bitcoin Depot Flashes Bankruptcy Warning as ATM Revenue Falls, Regulatory Scrutiny Grows

    02/06/2026

    State Street’s tokenized fund servicing is the boring infrastructure shift that actually matters

    02/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Coinbase reports equities outperform crypto amid strong earnings data

    02/06/2026

    MEXC launches RealStocks for US stock trading on NYSE and NASDAQ

    02/06/2026

    CME Group launches 24/7 trading for crypto futures, closing the gap on always-on markets

    02/06/2026

    Ripple CLO Says Ripple Is a ‘One-Stop Shop’ for Enterprise Crypto as U.S. Crypto Ownership Reaches 67 Million

    02/06/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    GamePad Joins Mouse to Simplify On-Chain Transactions for Millions of Gamers

    31/05/2026

    Could Grand Theft VI be the first ‘crypto native’ video game in history? The internet weighs in

    27/05/2026

    GMatrixs Partners With InsightX To Advance GameFi User Experiences With AI-Powered Web3 Prediction Market Ecosystem

    27/05/2026

    YOM Joins the Blockchain Game Alliance Alongside Ubisoft and Animoca Brands

    24/05/2026

    Illegal Crypto Mining Farm With 10,000 Units Uncovered in Russia’s Ural Region

    02/06/2026

    Bitfufu Reports Holding 1,794 BTC as Q1 Revenue Declines 6.8%

    02/06/2026

    Georgia targets illegal crypto mining with new electricity meters in Mestia

    02/06/2026

    Hive Digital Sells 331 BTC in Q1, Reducing Treasury to 150 Bitcoin

    02/06/2026

    How CLARITY Act survived a chaotic Senate markup after Warren, Banks and Democrats tried to slow it down

    02/06/2026

    How the US Crypto Framework Stacks Up Against MiCA, MAS, and VARA

    02/06/2026

    XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress

    02/06/2026

    The U.S. Senate Banking Committee Shared the Ripple CEO’s Remarks in a Press Release

    02/06/2026

    A Cryptocurrency Project Has Decided to Shut Down for Good

    02/06/2026

    Coinbase reports equities outperform crypto amid strong earnings data

    02/06/2026

    XRP Reaches $400M in Tokenized RWAs Faster Than Ethereum

    02/06/2026

    Expert Analysis on How Bitcoin Price Will Behave This Week and In June

    02/06/2026
  • MarketCap
NBTC News
Home»Legal»Czech justice ministry should have rejected crypto gift, auditors say
Legal

Czech justice ministry should have rejected crypto gift, auditors say

NBTCBy NBTC02/08/2025No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The Justice Ministry of the Czech Republic should have rejected a $45 million Bitcoin donation that sparked a major political scandal in the country, an external audit has found.

The digital currency donation, made by a convicted drug dealer, resulted in the resignation of its former head, Pavel Blažek, who still insists he didn’t do anything illegal.

Czech ministry should have declined the donation, auditors say

The justice ministry in Prague should not have accepted a billion Czech crowns in the form of a cryptocurrency donation, as it could have recognized the potential risks, according to an independent audit, partially made public by the department itself.

The government institution realized that the Bitcoin gift could have originated from illicit proceeds, concluded the authors from the global accounting and consulting firm Grant Thornton, the national radio broadcaster Český rozhlas unveiled on Friday.

The auditors are convinced officials failed to take the necessary steps to eliminate the risks before accepting the donation, falling short of the principles of good governance.

Shrnutí první části auditu: pic.twitter.com/Pa98Wz63BQ

— Ministerstvo spravedlnosti ČR (@SpravedlnostCZ) July 31, 2025

“Prior to accepting the donation, the Ministry of Justice was aware of relevant circumstances indicating a significant risk that the donation could originate from the proceeds of criminal activity,” the global auditing firm stated in the summary, also quoted by Politico, highlighting:

“Under these circumstances, we believe that the Ministry of Justice should not have accepted the donation without taking further follow-up steps to eliminate this risk.”

Scandal stirs political controversy ahead of October vote

The crypto affair shook the Czech political establishment this year after it became known that the justice ministry had accepted 480 BTC from Tomáš Jiřikovský, a former darknet market operator and drug dealer who served time in prison.

The coins, worth around 1 billion Czech koruna at the time (approx. $45 million), were sold in a series of public auctions, organized by the ministry. As earlier reported by Cryptopolitan, Pavel Blažek was forced to quit his post amid fears the scandal may hurt the ruling coalition ahead of the upcoming elections this fall.

Opposition forces took advantage of Blažek’s short-sighted decision to accept the bitcoins and initiated a no-confidence vote in parliament, survived by the cabinet of Petr Fiala in June.

The minister, a member of Fiala’s Civic Democratic Party (ODS), was replaced by Eva Decroix, who pledged to investigate the case before the parliamentary election in October.

The promised probe includes Grant Thornton’s external audit, the second part of which should be released by the end of August.

Czech police and the country’s National Headquarters for Combating Organized Crime are also working to establish if the Bitcoin donation came from laundered money.

Ex justice minister maintains no wrongdoing on his part

Pavel Blažek, who stepped down to take political responsibility for the scandal, continues to claim he acted in good faith and within the law. Commenting on social media, he noted the audit doesn’t register a violation of any specific legal obligation or regulation.

Tzv. shrnutí první části auditu neuvádí porušení žádné konkrétní právní povinnosti či právního předpisu, což tvrdím od počátku “aféry”.Jinak jen opakuje různá rizika a spekulativní tvrzení, jež byla a jsou s darovací smlouvou spojena a už dlouho diskutována ve veřejném prostoru…

— Pavel Blažek (@blazek_p) July 31, 2025

In one of his recent posts on X, he stressed:

“There are new findings, just suitable text for article headlines, but with outdated content. Although repetition is said to be the mother of wisdom…”

In another tweet, he emphasized that “until a criminal court convicts the donor of a specific criminal activity directly related to the donated bitcoins, considerations about the invalidity of the donation contract are completely irrelevant.”

If the Czech state invalidates the donation contract, it will have to return the gift to the donor, Blažek elaborated, adding “this will conclude a 10-year period of incompetence … in which the state failed to gain anything at all from the possible (!) criminal activity of the donor.”

In early June, his colleague in the government, Finance Minister Zbyněk Stanjura, rejected opposition calls for his own resignation, refusing to share responsibility. Admitting he knew about Blažek’s intention to accept the crypto, he claimed he tried to convince him to refrain.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

How CLARITY Act survived a chaotic Senate markup after Warren, Banks and Democrats tried to slow it down

02/06/2026

How the US Crypto Framework Stacks Up Against MiCA, MAS, and VARA

02/06/2026

XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress

02/06/2026

The U.S. Senate Banking Committee Shared the Ripple CEO’s Remarks in a Press Release

02/06/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

A Cryptocurrency Project Has Decided to Shut Down for Good

02/06/2026

Coinbase reports equities outperform crypto amid strong earnings data

02/06/2026

XRP Reaches $400M in Tokenized RWAs Faster Than Ethereum

02/06/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.