Agreed, but that is simply cause-and-effect by virtue of the majority of the world using the current global financial system rather than crypto and many more hackers are targeting said folk.

Either way two wrong's don't make a right, there will be losses in both systems but I would argue that storing your money with a unregulated crypto-firm would be more dangerous than with a modern-day bank.

I think the main gripe that many people have including myself with crypto is that it doesn't even have the proper consumer protections so that a decent/strong chance of recovery is possible.

This trend of massive amounts of crypto currency being stolen is not even a relatively recent one, see Gerald Cotten's (Quadriga) death in 2019 which resulted in $150 million in assets going missing with no chance of recovery.

This reply has been a little-bit scatter-brainish, so my apologies for that.