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How much cash will be seized in Germany's next cryptocurrency ATM crackdown by December 31, 2024?
3
Resolution / Starting Odds
Less than $10 million • 25%
$10 million to $20 million • 25%
$20 million to $30 million • 25%
More than $30 million • 25%
Official announcements from German authorities or BaFin, news reports
Story
Germany Seizes $28 Million, 13 ATMs in Crypto Crackdown
Aug 21, 2024, 11:45 AM
German authorities, led by the financial regulator BaFin, have conducted a nationwide operation targeting unlicensed cryptocurrency ATMs. The operation resulted in the seizure of nearly 25 million euros ($28 million) in cash and the confiscation of 13 crypto ATMs. The crackdown involved police and financial authorities and aimed to address illegal operations in the cryptocurrency sector. The raids took place across 35 locations, utilizing 60 emergency responders to ensure the success of the operation.
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41 to 60 • 25%
Less than 20 • 25%
20 to 40 • 25%
More than 60 • 25%
Less than €50M • 25%
Between €50M and €100M • 25%
Between €100M and €150M • 25%
More than €150M • 25%
Yes • 50%
No • 50%
Less than 10,000 BTC • 25%
10,000 to 20,000 BTC • 25%
20,000 to 30,000 BTC • 25%
More than 30,000 BTC • 25%
Sell remaining holdings • 25%
Hold remaining holdings • 25%
Buy more Bitcoin • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Sell to Justin Sun • 25%
Sell on open market • 25%
Hold the Bitcoin • 25%
Other • 25%
Less than 10,000 BTC • 25%
10,001 - 15,000 BTC • 25%
15,001 - 20,000 BTC • 25%
More than 20,000 BTC • 25%
Buy more Bitcoin • 25%
Sell more Bitcoin • 25%
Announce a hold strategy • 25%
No major action • 25%