My guess is that as soon as feds got their hands on the seed phrases they transferred the bitcoin to a wallet they made. The case then ground on for a few more years and now that they have the indictments all lined up, they are actually doing the forfeiture process.
The actual taking of the bitcoin is merely taking custody of the bitcoin. The forfeiture process changes the actual _ownership_. Think in terms of when the feds take cash from a car. FIRST they actually take the cash THEN LATER they file the forfeiture.
The actual taking of the bitcoin is merely taking custody of the bitcoin. The forfeiture process changes the actual _ownership_. Think in terms of when the feds take cash from a car. FIRST they actually take the cash THEN LATER they file the forfeiture.