ChainCatcher reported that according to the official website of Saxony, Germany, the General Prosecutor's Office of Saxony sold nearly 50,000 bitcoins in about three and a half weeks, with each sale accounting for less than 1% of the market volume. More than 90% of the transactions were conducted through the over-the-counter (OTC) market to ensure the least impact on the price of bitcoin. The sale raised a total of 2.63968 billion euros, and the funds will be temporarily kept in the criminal proceedings of the "movie2k" case of the Leipzig District Court until the final ruling of the case.

Earlier news, German law enforcement agencies sold nearly 50,000 bitcoins, netting about $2.88 billion.