Does the money confiscated go into some anti drug charity or something? Hmm, dumb question, I see.
I believe they sold the bitcoin and it was applied to his debt. Sad part is he still owes a lot of money.
Yeah, they sold the Bitcoins, but where is the money going to?
10% usually goes to the prosecuting office funds. 20-30% goes to mental and health addictions programs I believe. The rest goes to the agencies or agency that actually seized the money. In this case the FBI gets most of it. If this was not considered a drug case they probably would get even more.