If anything, the government stole from ChipMixer users who hadn't spent their chips yet.
Yep. I don't know what kind of logic/justification is used to feel that it's OK for them to help themselves to those chips.
I basically see this sort of thing as an overbearing parent barking "My house, my rules!" during their non-explanation of why it's OK for them to rifle through your backpack and confiscate anything they don't like the look of when they've caught you trying to sneak out at night, or something.
More and more, I view most governments as tax-funded might turned back on its own support base, with a sentiment that goes, "Stop doing the things that we've told you not to do, and everything will be fine. Keep doing those things, and you'll only force our hand and come to discover just how erodible your freedoms are, and just how little autonomy we're ultimately prepared to grant each of you."