I have never seriously considered getting into cryptocurrency, but if I did, this one story would scotch it completely. If the FBI can hack and steal your wallet contents, nobody’s bitcoins are safe. Let’s face it. The FBI is not the sharpest tool in the shed. If they can do it, I’m sure other hackers can as well.
Yeah a definite complaint of mine too.
Now I suppose they can drain a bank account too. But there are procedures and warrants and afaik a judgement must be entered and etc.
Not just take it.
There is NO WAY the gubmint will allow money they can't trace and seize to flow around. The rumor I'm hearing is "The Great Reset" is coming where all Americans money is seized and replaced with a Cyrpto account under the governments control. NO MORE CASH!! You won't be able to buy and sell unless you barter privately. This way they can follow what you buy and sell in DC and regulate the way they want. Medicare has already looked into a plan to monitor your food purchases to keep diabetics from buying Blue Bell Ice cream and making sure your vegetable purchases meet a certain level. How about a family with 3 kids purchasing a gun without regulation? If they control your money, they control you. Crypto is just a knock off of "local script" from the Viet Nam days.
When the government spent millions trying to shut down the Silk Road I'm sure they started then figuring out how to keep track of people that could buy and sell slaves, guns, drugs, and even murder. They don't want a world where Kim Jung UN could sell a nuke on the dark web. Confiscating cash over $9999 was just a beginning.
They can do this to your money in the bank NOW!!
If this was a serious hacker, they would have demanded that Monero be used as you cannot track the block chain. Nor would you then send the money through over 20 different anonymizing servers in an attempt to obscure things, only to then put it in a wallet owned by Coinbase, one of the biggest exchanges in the United States with servers that are under the jurisdiction of the United States. A corporate wallet, which the FBI admits that they already had the key to.