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.
This is a good example of The right money with the wrong head.
£1.5 million is not a small amount of money, why is that amount deposited on a centralised exchange in the first place? For what to be precise? Or this is dirty money? Because this is very hard to believe.
I will like to walk away thinking that this money was never clean, no one will ever leave that much money on a centralised exchange, believe me, if you are in the UK and you are into crypto, you have no business with centralised exchanges.
Be careful using one, get a hardware wallet and store your assets on that, be more friendly to Dex rather.