You know though, you can't have it both ways. Arguments against crypto are that it is being used by drug dealers because its anonymous. Now when a case is presented that clearly worked out well in the public's best interest by being able to recover the stolen funds, it has to be taken as a positive if the narrative against it was negative.So is this good news or bad news?
If the government can trace the blockchain and recover stolen tokens what else is it capable of doing. So much for privacy.
There of course needs to be some level of privacy, like there is with cash, but perhaps there are already lots of options in this case. There is one coin I heard about from a video called Haven protocol. Transactions were anonymous if the public was looking at the blockchain, but if the government had a request, you could provide a key that would show your transactions. This mirrors the current system well in that most people don't know what you spend your money on, but the government can always get a court order for banks to produce your bank statements and credit card bills. The point is that its private on the blockchain, but you always have a way to show your innocence if a case is made against you.
