This is...good for Bitcoin?
I mean, I would be happy if people who suffered from MtGox hack got their coins back.
Just goes to show - eventually the law does get you. Sooner or later people will need to launder their "dirty" crypto and once it gets to amounts large enough, the institutions will notice.
Completely agree. It used to be that investors and account holders were vigilant in scrutinizing the institutions that held their wealth in trust. These days, with everything insured by the taxpayer via gov't, bad institutions are free to make bad risks and mismanage money with little repercussion.
The tree of trust in financial institutions must from time to time be refreshed with the blood of fraud and bankruptcy. No institution should be too big or too famous to fail. Investors are learning valuable lessons, about BTC and other things; things they never taught them in school.
