Nonetheless, I agree with you that every once in a while, FBI would seize a hard drive that is (a) not encrypted but filled with random-looking bytes, or (b) encrypted but the owner has forgotten the password.
When I sell a used hard drive, I usually fill it with random data. Sometimes I do this by creating a TrueCrypt volume that takes up the entire drive. (This destroys all the data on every partition, as well as the MBR, so the drive appears unformatted to the buyer.) But suppose the FBI suspects me of downloading CP and buys my drive as part of a sting operation. They'll think my drive contains CP. After all, it has the typical signature of a TrueCrypt volume! But guess what, I wasn't intending to store anything on that drive, so I threw away the password as soon as I typed it into TrueCrypt. How do you prove that I cannot possibly remember the password? With a physical safe, at least it's possible to prove that I don't have the key in my possession.