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In order for governments to do that the systems have to have a way for an authority to intervene and reverse the transaction...

Which is expressly impossible to do without creating a fork of the chian... Which is pretty contrary to the ethos of the white papers for Bitcoin.

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To recoup the loss possibly, but that’s not necessarily governments job. The governments job would be to investigate the theft in an attempt to charge a suspect(s) with a crime against another person.

If the property is replaceable by the charged parties then that could be used by the government as a consideration in plea bargaining or sentencing. But if it’s gone then hopefully the plaintiff purchased insurance on it.

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