Germany's recent sale of $2.8 billion in seized Bitcoin is being labeled as "market intervention" by some industry experts, who question the legal grounds for the action. Although authorities cited the risk of value loss as justification, some observers argue that the sale was not legally required and occurred during a sensitive market period, exacerbating the selloff. Critics believe the decision to offload the Bitcoin was poorly timed and executed, potentially impacting the market more than the authorities acknowledge.
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