It's not the same. That's why governments and the FATF at great cost and effort spent decades snuffing out anonymous bank accounts and bearer assets, they didn't do it for the lolz. If you take the person away from the money then any surviving persons can escape and reclaim the money. The person in jail can utter the code/location to a comrade, maybe even before they go to jail. In a western country, the person might even be released from contempt after a time (decades+ contempt sentences are so rare they make headlines) and if criminally charged they will often be out on bond where they can utter the location/codes to others. It's a completely different animal than the government seizing the actual asset and putting it in its vault guarded by armies of police or military as non-human seizure.
>There is no difference for all practical purposes
Only if you ignore the practical differences.
You'd think that it would be easier to just name a few but here we are discussing burying a bitcoin seed under a grave in Timbuktu.