The 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.
Scammers, hackers, are too smart, they aren't going to place their funds on a Coinbase wallet or on any centralized exchange. They are smart enough that they don't even touch USDT when they steal because they know USDT can be frozen even on noncustodial wallets. If they are that smart, then how come they are placing their 6 million worth of crypto assets on an exchange or place where they don't own the key?
And authorities seized them. It is 90% obvious to me that the funds being seized must be seized due to tax evasion, not some other criminal activity and if they will pay the taxes, maybe they could get them back if that's an option. The news should cover stories of those individuals who lost even 100 pounds in this case.