kenso on Nostr: 🖥 The German government issued an official press release regarding the sale of ...
🖥 The German government issued an official press release regarding the sale of confiscated BTC, indicating that they sold to protect the coins from potential devaluation.
"Such asset sales are required by law in cases where there is a threat of significant loss of value, amounting to around ten percent or more."
Credit where it's due: the sale was conducted over-the-counter, thus minimizing price pressure.
Published at
2024-07-18 19:15:27Event JSON
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"content": "🖥 The German government issued an official press release regarding the sale of confiscated BTC, indicating that they sold to protect the coins from potential devaluation. \n\n\"Such asset sales are required by law in cases where there is a threat of significant loss of value, amounting to around ten percent or more.\"\n\nCredit where it's due: the sale was conducted over-the-counter, thus minimizing price pressure.\n\nhttps://m.primal.net/JVZT.jpg\n",
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}