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Will Germany seize more than $50 million in cash from unlicensed cryptocurrency ATMs by December 31, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
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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Yes • 50%
No • 50%
41 to 60 • 25%
Less than 20 • 25%
20 to 40 • 25%
More than 60 • 25%
Yes • 50%
No • 50%
Less than €50M • 25%
Between €50M and €100M • 25%
Between €100M and €150M • 25%
More than €150M • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Sell remaining holdings • 25%
Hold remaining holdings • 25%
Buy more Bitcoin • 25%
Other • 25%
Sell to Justin Sun • 25%
Sell on open market • 25%
Hold the Bitcoin • 25%
Other • 25%