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.
When the model towards buildung a portfolio for their Bitcoin reserves is based on seizure, you’re sure to expect more of these seizures occurring for the most uncalled for reasons. When it’s been taken on behalf of the state, it would take a long time and difficult case towards recovery. That’s what makes the advice on not having to live your coins out there on centralized exchanges but, I guess most of the victims to this are those that haven’t had to consider the fact that, large sums don’t have got no place on centralized exchanges.