As a matter of fact, whose BTC was it to begin with? How did the German government get it in the first place?
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not sure, but I think one of the big dark net marketplace servers was in Germany a decade ago. It is surprising how keys in the government‘s possession can stay secret for so long.
Ah, so basically the German state stole that BTC using tax money stolen from the German people. And now they are giving both away to Blackrock. All in order, nothing to see.
all gov hodl r from confiscation / seizures to boost their own currency