[algorade]

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.

[brewdad]

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

[astrange]

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

[tenuousemphasis]

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