Earlier quoted context omitted.
“These people (crypto industry) are bad people so it is justified to ignore the rule of law when hurting them” is a classic bad take. What you can do is regulate crypto into oblivion and make people feel bad about working in crypto. If you assist NK, then you’re hurting crypto but you’re funding NK operations (e.g. NK soldiers assisting Russia against Ukraine).
Cryptocurrency is just a technology to give people the means to generate assets, and transfer them, themselves. Advocating that the state's monopoly on violence be employed to prohibit people from using this technology is incredibly illiberal. Regulation is just repression, rebranded.
I simply don't care anymore. Cryptocurrency's value is as a cultural shibboleth to identify individuals who deserve social interaction.