According to the news of Handelsblatt, the German state of North Rhine-Westphalia has auctioned the seized Bitcoins (BTC) after receiving approval from the Minister of Justice Peter Biesenbach.
A total of 215 Bitcoins, worth approximately $13.6 million, are available for sale on the official website of the Justice Administration.
A total of 15 different auctions started today, ranging from 0.1 to 10 Bitcoin. One person has currently offered 56,130 euros ($65,178) per 1 BTC. This value is about 2% higher than the current spot price of Bitcoin.
Officials cannot say why auction participants bid above market value.
Bitcoins were obtained from drug raids conducted by law enforcement.
The highest bidder in Bitcoins will receive a paper wallet with a QR code.
