How can someone hold that kind of money in a centralised exchange? Not to be harsh, but the person typically got what he deserved. Coinbase is one of the exchanges that can easily freeze users funds once they suspect anything or the 3-letter government agencies ask them to do it.
So easy to just dismiss it like that--until it's your ass somebody's pouring hot lead into because you might not have learned enough about crypto fast enough (though that's an assumption about the case in hand that I don't know is true). Saying it serves some guy right that he got all of that crypto frozen because he had it on Coinbase is being
way too harsh IMO.
Also:

Fuck that, fuck google, fuck Coinbase.