https://www.youtube.com/watch?v=Df0_Q_CV4GMThe UK government is continuing its crack down on crypto. One guy had an account with £1.5 million in it frozen. I believe it was in a Coinbase wallet. Obviously this is going to increase during the next 12 months, and it emphasises the fact that you should keep your crypto in a secure wallet, and where you are the only person that knows the private key and the seed.
I guess nobody is thinking what I'm thinking here! the UK might also be playing some tricks like the US just to freeze much more crypto especially bitcoin in wallets which they can reach out to or exchanges in other for the UK treasury to hold some crypto or bitcoin hence not to miss out the big moves this year.
However my thoughts might be wrong but could be somehow close to the intentions of the UK government.
The need to use good wallets have aroused years back yet guys seem to ignore it especially the billionaire/millionaire folks just because they feel the comfort of not having to think about the security of their holdings by handling it over to an exchange. I wouldn't call the folks who has such huge amounts of funds on exchange ignorant I'm sure they are aware of the risk of crackdown and money laundering cases.