the top post of /ecash is a claim that ecash is self-custodial.
I truly believe federated ecash (fedimint) operates more like a different network entirely, one that you swap Bitcoin for and you need to self custody that ecash asset. That network is distributed with not a single operator that can unilaterally make decisions in that network.
Not everyone agrees with me, but compared to other technologies and law, this is what I believe.