Custodial-anything can always be a risk.
Also the complex adaptive system always finds its way in general. Such malicious behavior may hurt Bitcoin for a short term to some extent, however will be soon punished by the market and the market will search for alternatives. I think Bitcoin the status quo seems to be resilient enough.
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For example, I remember that some months ago, there was a outrageous response from the community about Umbrel's auto-update feature 😉