[thesausageking]

The release from the Attorney General has more details and is much better written:

https://www.justice.gov/usao-nj/pr/united-states-seized-and-...

What's most interesting is almost all of the $54m is from how much crypto has appreciated since it was purchased in 2014:

> Castelluzzo then used some of the Bitcoin he had earned from narcotics sales to purchase 30,000 Ether in Ethereum’s Initial Coin Offering in July 2014. Castelluzzo also received an amount of an additional cryptocurrency – 30,000 Ethereum Classic – in 2016. Castelluzzo used the additional cryptocurrency to purchase various other cryptocurrencies. The complaint seeks the forfeiture of all of the cryptocurrency Castelluzzo obtained as a result of his narcotics sales.

In the ICO, ETH sold for ~$0.25, so they bought $7,500 worth. ETH now trades at ~$1,800, so what they bought is now worth $54m.