I'm not buying these poor security protocols.
(news.bitcoin.com)
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Depends on the wallet and the blockchain. If your crypto is on a centralized exchange then the exchange can limit access to the funds at their pleasure. If you’re holding a centralized crypto then who ever controls the blockchain can freeze a wallet. A decentralized blockchain is permissionless so no central authority can control your funds, only the person who has the private key can. However there is a possibility that your wallet can be blacklisted and exchanges will refuse to do business with you or alert the authorities if you attempt to move funds through them.