Hard work to stop it? There was a global insurance company that sent an international wire, at least two banks with multiple transactions, and coinbase which is

Hard work to stop it? There was a global insurance company that sent an international wire, at least two banks with multiple transactions, and coinbase which is a KYC compliant publicly traded company. Despite ample opportunity, no one stopped this, rather they all facilitated it. This all originated from an email containing fraudulent wire instructions, trying to pin all this on cryptocurrency is less sound than blaming email. Despite all the deflection, law enforcement was able to recover the Bitcoin. Contrary to your point law enforcement and regulators alike have successfully brought legal actions (civil) and prosecutions (criminal) in the blockchain space just as they have against traditional institutions. The insurance company, banks, and coinbase are all to happy cryptocurrency was involved at some point so they can do some magic hand waving, and blame cryptocurrency. I would ask why bother, but obviously it’s a successful PR campaign to excuse their own ineptitude.