Now I wonder, where does the seized money (crypto or cash) are going to after the raids and arrests? Does it go to the government and its department of finance? ... But still, why does with such huge amount, the country is still in huge dept nor haven't changed at all?
In the past, all the seized crypto was sold at public auction, and it is possible that this will happen in this case as well. What happens to the cash is not known to me, but it is certain that it will end up in the system one way or another - it is important that it is
laundered from any connection to illegal activities.
You are mistaken that this is a large amount (you should read my previous post) because the debts that the USA has are measured in trillions (thousands of billions) and cannot be solved with a few million dollars.
On 27 June 2014, the U.S. Marshals Service sold 29,657 bitcoins in 10 blocks in an online auction, estimated to be worth $18 million at contemporary rates and only about a quarter of the seized bitcoins. Another 144,342 bitcoins were kept which had been found on Ulbricht's computer, roughly $87 million. Tim Draper bought the bitcoins at the auction with an estimated worth of $17 million, to lend them to a bitcoin start-up called Vaurum which is working in developing economies of emerging markets.
