Administrative failure summarised in one pic.

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Germans gonna german.

The German state that seized the bitcoin which was evidence had to be sold at auction just like any other property seized by the state. I hate the myth implying the German state in which had the bitcoin could have kept it indefinitely. Fake news it had to be sold at auction.

That is true, what is also true, is that the German government could have bid and bought it all🤷🏻‍♂️.

No they couldn’t. The state of Saxony in Germany can’t bid on their own auctions. That would be a conflict of interest. Educate yourself.

Well that's a shame.

The federal government could have taken ownership of the coins. They simply didn't want to. Please do your research

What is also true is that the UK’s 60,000 Bitcoin, which was also seized, has not been sold. Wonder if they will…

They did not have to sell the coins. Please do some more research on the topic outside of what the news said.

That would mean the price of btc is 106,600,000.

Never mind you meant 50,000 not 50.000

punctuation comes in many ways. In Germany you pay 2,50€ or 2.500€ in English it's the other way around. I guess it's a typo in the HFSP page.

I did not know that. Very confusing. Lol