$45 Million Bitcoin Scandal Shakes Czech Politics – Opposition Gains, Government Weakens

A shocking donation of $45 million worth of Bitcoin to the Czech Ministry of Justice from a convicted drug dealer has rocked the political scene. Although the government survived a no-confidence vote, public trust is plummeting – and the opposition appears poised for a return to power.

🔹 Opposition on the Rise as Elections Approach

According to the latest polls, Andrej Babiš’s ANO movement is heading for a strong victory in the upcoming October parliamentary elections, with support from over 31% of voters, which could translate into 78 seats in the 200-member Chamber of Deputies. The party enjoys strong backing from older and less-educated voters, but performs well across broader demographics. Research agency STEM says ANO’s leading position is not under threat.

🔹 Bitcoin Scandal Hits Ruling Coalition Spolu

The Spolu (Together) coalition, led by Prime Minister Petr Fiala (ODS), has seen its support drop to just over 20%. This is a notable decline, especially since the coalition had recently shown signs of recovery before the Bitcoin scandal erupted. STEM notes that the full impact of such scandals on public opinion typically emerges after several weeks, making the current numbers potentially just the beginning of a deeper decline.

🔹 Other Parties: SPD Steady, Pirates Struggling

The far-right SPD, a strong voice for protest voters, maintains solid support – particularly among middle-aged Czechs without high school diplomas. Meanwhile, the coalition member STAN (Mayors and Independents) has dropped from nearly 13% to 9.4%. Other parties that could still enter parliament include the Pirate Party (7.2%), the leftist group Enough! (5.4%), and the anti-green protest party Motorists for Themselves (4.4%), hovering near the threshold.

🔹 Justice Minister Resigned – But Opposition Wants More

The scandal erupted after it was revealed that the Ministry of Justice had accepted a massive Bitcoin donation from Tomáš Jiřikovský, a convicted operator of a darknet market involved in drug trafficking, embezzlement, and illegal arms possession. Justice Minister Pavel Blažek resigned in response, but the opposition demands further accountability – specifically, the resignation of Finance Minister Zbyněk Stanjura, who they claim failed to alert authorities about the suspicious crypto donation. ANO has vowed to keep pushing for his removal.

Summary:

The Bitcoin scandal has delivered a major blow to the credibility of Prime Minister Fiala’s government. Though it weathered the no-confidence vote, the ANO party is now firmly on course to win the next election. With the public mood shifting, the power balance in Czech politics may soon be rewritten.

#CryptoScandal , #bitcoin , #Politics , #worldnews , #CryptoNewss

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“