A legitimate risk with any wallet. I feel as though Jack, and most wallet makers, want more privacy, financial freedom and access, but they have to balance that with not going to prison. The Samurai guys found this out the other day, by pushing too far.
We just have to take the risk they are doing it for the right reasons and not building a honeypot for the gov.
At worst I think Jack has just seen a way to build a better system than the legacy options and has set himself up to be the next big thing.