Well shit. I was considering investing in bitcoin eventually, but this tells me that crypto is too legally unstable to put any money into. I don't have issues

Well shit. I was considering investing in bitcoin eventually, but this tells me that crypto is too legally unstable to put any money into. I don't have issues with centralized exchanges, but if they're going this far, they could end up outright banning crypto, or banning everything but the government approved (tm) currencies. So, yeah, in reality, the value of BTC should drop like a lead bowling ball.