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does this mean that they will also arrest people that own a hard wallet despite the hard wallet not having anything in it just because it is associated with cryptocurrency?
May be not or may be yes. Because surely no one will use or order a hardware wallet who is not associated with crypto currency?
And if the ordered person is identified once, maybe atleast inquiry will be conducted against him? My point is what is the need to get into trouble or identify as a crypto currency user.
For now, even if you use cold wallet without thinking about hardware wallet, may be it works ?