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.
If the government can determine that you actually own a particular address and can confirm this, it can put pressure on the user in various ways to prove ownership of certain assets, and thus, it can base various accusations on this basis, even if the person refuses to disclose the secret keys (this can be under any pretext).