German Government Sells Billions in Bitcoin, Receives Controversial Messages

• The German government received $420 worth of Bitcoin post $3 billion sell-off.
• Transactions included messages referencing Adolf Hitler, Elon Musk, and expletives.
• German government used OP_Return for symbolic messages, receiving $0.88 from Hitler-themed wallet.
• Some transactions used vanity addresses with human-readable words like Elon Musk's name.
• Transactions utilized CoinJoin for pseudonymity, a gray area for regulators and exchanges.
• Despite selling spree, German government continues to receive small amounts of Bitcoin.

Summary :
The German government has received $420 worth of Bitcoin in several transactions after selling off billions of dollars' worth of the cryptocurrency. Some of the transactions included messages referencing Adolf Hitler and Elon Musk, while others contained apparent expletives. The German government's selling spree startled the crypto market, but it has now emptied its Bitcoin wallets. Bitcoin users can send messages using OP_Return, but the funds attached to these messages are effectively gone forever. Some users have sent hateful messages to the German government, including references to white supremacist codes. The transactions also involved the use of CoinJoin addresses, which preserve the pseudonymity of the sender and recipient. Despite selling off a significant amount of Bitcoin, the German government continues to receive small amounts of the cryptocurrency.

Sources :

- Decrypt