According to @alice_und_bob, German courts have determined that if someone is tricked into giving away their crypto seed phrase, the act is not legally considered theft. This creates significant trading risks for holders of cryptocurrencies like BTC and ETH, as it may reduce legal recourse for victims of social engineering attacks. Traders operating in or with German users should exercise heightened caution and consider enhanced security protocols when handling digital assets. Source: @alice_und_bob.