Every time BTC goes sideways people start writing that "THEY" are out to get it. Mate, there is no great conspiracy. There ARE people doing their job as they see it, and they really, really, really don't like seeing people they don't trust having power over billions of other peoples money. They think those people should get out of town.
And you know what. That translates to "not your keys, not your coins". And who here would argue with that?
I used to be in finance. The business models that are based on "holding other people's money" have long attracted EXACTLY the people who can't be trusted with other people's money and will, whether by design or carelessness, lose it, UNLESS hemmed in by tight regulations.