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The cryptographic keys were stored on a cloud storage device. Law enforcement agencies gained access to these keys while executing a search warrant and used them move the funds. So by this logic, the government is now the rightful owner of these funds.



Correct. This is why crypto, at least in its current form, must fail. In the crypto world possession is 10/10ths of the law.


Except for when someone hacks your NFT away and the community still considers it yours.


Is the same not true for physical cash, gold, or bearer bonds?




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