I can think of plenty of others, like that time PayPal took $1.3m of Flipper Zero's money and ran because reasons: https://www.dailydot.com/debug/flipper-zero-paypal/

And that's just a particularly high-profile example; smaller organizations and individuals routinely face this sort of thing from centralized payment processors. Said risk is nonexistent with any competently-developed cryptocurrency (and even most incompetently-developed ones).