They swooped on all 46 cryptocurrency exchanges at once and seized them? Interesting! Have they built a strong case against each one of them? Or are they just implementing a blanket drive against crypto exchanges? Aside from having a government that's largely cold to Bitcoin, I wonder what triggered this specifically.

Why don't they do the same to their central bank and commercial banks. 99.9% of the underground economy is fueled by fiat.

Anyway, this is but another reminder of the reason why Bitcoin exists and why centralized Bitcoin-related services are an antithesis to it.