About this, I wasn't talking about altcoins but still, I disagree because not all altcoins can be seized. For instance, when ETH was stolen during the DAO hack, they forked the chain because then it was so early and as such, very few moving parts. Now, no longer likely or almost impossible to do same. The altcoins that can easily be seized due to ownership being retained by the deployer of the token contracts are mostly stablecoin projects. If ownership is renounced and no owner privileges to action or ban token holders, then it should be good to go.
It exists, but not all. That's something to keep in mind.
I don't say all altcoin wallets will be seized but the risk of misuse of smart contract is there. It does not mean anything helpful for you and your fund if you belong to a minority of cryptocurrency holders with seized funds even in your wallets.
See the existing risk from smart contracts and be more careful with altcoins. Smart contracts have mint function that allows scam developers to mint massive new tokens and dump token price. Generally you can see many risks converged with altcoins, so let's aware about these risks first, and make your decisions carefully to invest money in Bitcoin or altcoins.
Your example about ETH fork after The DAO Hack, is not related to a risk from smart contract and fund freeze mentioned in my post.