I won't speak to this particular case, but look at the incentives for any service that stores people's coins:
-You can cash out (steal) an arbitrary amount of people's coins, blaming it on a "hack". If technically competent you can make it look as legitimate as you like, even giving a detailed post-mortem.
-This will probably tarnish your operation and possibly your internet rep if the Google juice flows that way.
So how much is your internet reputation worth? Personally, there's probably a number that would sway me.
Until these incentives are changed somehow, with regulation or otherwise, it will happen.
-You can cash out (steal) an arbitrary amount of people's coins, blaming it on a "hack". If technically competent you can make it look as legitimate as you like, even giving a detailed post-mortem.
-This will probably tarnish your operation and possibly your internet rep if the Google juice flows that way.
So how much is your internet reputation worth? Personally, there's probably a number that would sway me.
Until these incentives are changed somehow, with regulation or otherwise, it will happen.