news 
Israel Will Buy BTC and ETH and Give it to a Gambling Offender
Israel is set to make a stunning move in the cryptocurrency space. The country has announced its decision to purchase 19.15 BTC and 83 ETH, worth over $2.2 million, and hand them over to notorious gambling offender Shai Siboni.
The unexpected turn of events comes after Siboni’s crypto wallet was “lost” while he was in police custody approximately two years ago. An investigation into the matter has revealed that it is still unclear how the wallet disappeared.
To rectify this oversight, Israel will purchase a brand new digital wallet and fund it with the BTC and ETH. The state will then return the funds to Siboni, effectively making him an “extremely wealthy man” once again.
Siboni’s rise to wealth can be attributed to his illegal gambling activities. During the 2014 World Cup in Brazil and the 2018 tournament in Russia, he operated unauthorized betting lines for thousands of gamblers. His profits from these activities are estimated to have surpassed 100 million shekels.
Despite concerns that Siboni’s gains may be linked to criminal activity, the majority of his assets were returned to him due to difficulties proving their illicit origin.
Israel’s unprecedented move highlights the country’s commitment to rectifying past mistakes and ensuring that justice is served. The government’s actions will undoubtedly have far-reaching implications in the cryptocurrency market.
Source: cryptopotato.com
