Final answer:
Cannabis Culture cannot obtain assistance from the Federal Deposit Insurance Corporation (FDIC) to recover stolen cryptocurrency because the FDIC does not insure digital or virtual currencies. In case of a hack, they would need to consider other methods of recourse.
Step-by-step explanation:
The question regarding whether Cannabis Culture can seek assistance from the Federal Deposit Insurance Corporation (FDIC) in the event of a hack of their cryptocurrency digital wallet touches on the understanding of federal financial protections and cryptocurrency regulations. The FDIC is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions. The FDIC's insurance coverage does not extend to digital or virtual currencies, such as cryptocurrency.
Cryptocurrency is generally treated as property for tax purposes and lacks the regulatory protections afforded to traditional bank account holders. In case of a hack, Cannabis Culture would not be able to recover their stolen virtual currency through the FDIC. They would need to explore other avenues for recourse, such as contacting law enforcement, using professional recovery services, or taking legal action against the perpetrators if they are identified.