[Analysis: German law enforcement agencies' selling of Bitcoin is not an investment strategy, but a standard procedure for criminal investigations] Golden Finance reported that about a week ago, the crypto wallet of the German Federal Criminal Police Office (BKA) began to transfer thousands of Bitcoins to exchanges such as Kraken, Coinbase and Bitstamp, indicating its intention to sell these Bitcoins. The Bitcoin holdings of the wallet have been reduced to 23,788. Lennart Ante, co-founder and CEO of the German Blockchain Research Lab Blockchain Research Lab, said that the German law enforcement agencies' selling of Bitcoin is not an investment strategy, but a standard procedure for confiscating assets in criminal investigations. In addition, the analysis found that it was not the German government itself that sold Bitcoin, but a small state in eastern Germany called Saxony. The Saxony Attorney General's Office is responsible for liquidating confiscated assets, so the asset sell-off is not surprising. It is reported that the seized assets need to be liquidated within a certain period of time, which is a regular business process, although the scale is larger than normal this time. In most cases, seized assets can only be transferred or sold if a judge rules that the state is allowed to do so, with the proceeds going into the state budget, but that was not the case in this case. States can, however, request an emergency sale to be initiated, for example if the assets could depreciate rapidly in value or are difficult to store.