In the last news of the United Kingdom crypto, Elon Musk could have the easiest attack against Keir Starmer so far, amid the rumors that the Minister of Priem is considering selling the largest Bitcoins Bitcoins reserve in the United Kingdom in the world , but a similar movement of Germany saw a loss of $ 17 billion, Kir Starmer dump the United Kingdom in the United Kingdom. Bitcoin Holdings just before hyperbitcoinization?
An accounting firm in England believes that the United Kingdom government can consider getting rid of its Bitcoins of the United Kingdom multimillionaires to help plug holes in their finances.
Blockchain Analytics signs, Arkham intelligenceSample, through its ‘United Kingdom Government’ board, which the British government has around $ 6,429 billion in Bitcoin.
(Arkham)
With the construction of financial pressure in the United Kingdom, the government can follow the example of Germany and turn its BTC
Chris Etherington, RSM partner, argues that Bitcoin’s volatile nature could be disturbing the government and suggests an immediate sale as a safe option.
In the midst of the growing tax pressures, Rachel (of Accounts) Reeves, the Foreign Minister of the Beacon, has been advised to consult experts at the best time to liquidate these assets to maximize the benefit of taxpayers.
He pointed out that Germany’s decision last year to sell 50,000 BTC (at a terribly undervalued price) in a similar situation established a precedent for governments that have volatile digital assets.
The income of the seized digital assets, such as Bitcoin’s holdings of the United Kingdom, move to the consolidated fund. The treasure manages the fund, so Bitcoin will actually be available for public use.
With Germany already spending its Bitcoin reserve, to aLoss of $ 17 billion after pumping Bitcoin after the overthrow – The United Kingdom now faces a similar opportunity to stabilize its spiral finances by getting rid of the best competitive advantage that the United Kingdom has in the world.
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The holdings of the United Kingdom Government are mainly composed of seized money washing machine
The United Kingdom government is now in Arkham.
The United Kingdom Metropolitan Police confiscated 61,000 Bitcoin (currently for a value of $ 4b) by Jian Wen and Zhimin Qian in 2018, obtaining access to the BTC seized in July 2021.
According to the reports, Qian had bought the bitcoin with funds from an investment fraud … pic.twitter.com/bvqrake1tw
– Arkham (@arkham) March 4, 2024
A considerable part of the BTC holdings of the United Kingdom is linked to a criminal investigation that involves Jian Wen, 42, a money washer.
While prosecutors claim that Wen used Bitcoin to acquire cash and property, his legal team disputes his participation as the master mind of the operation.
Before being arrested, Wen tried to buy properties in London, including a seven -bedroom hampstead mansion of £ 23.5 million with a pool and a house of £ 12.5m with a cinema and a gym.
Pro-Crypto Elon Musk will make fun of the sale of the United Kingdom Bitcoin Reserve after the loss of Germany of $ 17 billion
Breaking: Elon Musk says that the Prime Minister of the United Kingdom, Keir Starmer “is guilty of terrible crimes against the British people.”
Do you agree with him? pic.twitter.com/eoi7wpw5od
– God save Britain (@GSGB01) January 4, 2025
If the prime minister really squeezes the United Kingdom liquidation trigger for his Bitcoin holdings, he could push Elon Musk to action with his threats to eliminate Starmer from power, in the last turn after months of criticism of Starmer from the CEO of the CEO .
According to those close to the billionaire, Elon Musk has publicly discussed how Sir Keir Starmer could be eliminated as the United Kingdom Prime Minister before the next general elections.
Musk, the richest man in the world and the key confidant of the president of the United States, let his feelings know about the current United Kingdom government through a series of aggressive positions that he has issued on his social media platform X, which They have challenged the leader of the Labor Party in various immigration issues to police management of sexual crimes.
The founder of Tesla and Spacex accused Starmer, a former director of public prosecutions in England and Wales, of being “accomplices” in the violation of Great Britain due to the role of Starmer as the main public prosecutor in the scandal of preparation gangs of the kingdom of the kingdom United.
Given how influential Musk was in the successful presidential campaign of Donald Trump and his bottomless money well, he is not outside the scope of the possibility that he can participate in the next general elections of the United Kingdom. With the Bitcoin of the United Kingdom reserve at risk, Starmer could become an even easier goal for musk ridiculous.
For now, the cryptographic industry of the United Kingdom continues to observe with despair while the retail customers of the United Kingdom are expelled from the market by the Over-Auto of the FCA, and pray that Keir Starmer does not continue the generational curse of Great Britain for political and financial incompetence. Stay tuned.
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The post Keir Starmer to repeat the Bitcoin error of Germany: the United Kingdom could rule out the largest Bitcoin National Reserve in the world first appeared in 99Bitcoins.
