I think it's missing the point. Yes spending $3b might get you control of one currency - so everyone moves their money to another one. There are thousands of them. That's kind of the point, no-one can ever dominate all crypto even if in theory it's possible to dominate one.
The question is: Is it technically possible, that the blockchain can be manipulated under certain circumstanes like discribed in first post? If yes, why isn't it done yet? 3$ b is not much for those institutions. If not, how is the blockchain protected against an attack on that dimension?