I don't get it. People lose their life savings on non-crypto brokerage scams exactly like this one. The people running these scams are criminals who do not care

I don't get it. People lose their life savings on non-crypto brokerage scams exactly like this one. The people running these scams are criminals who do not care about any rules you might have around finance. Cryptocurrencies aren't used to work around any regulations here, but just as an alternative lure instead of "FOREX" or "binary options". "rules around finance" can do nothing to protect people from outright scams like this https://www.cpomagazine.com/cyber-security/fake-broker-dealers-stole-50-million-through-an-online-investment-fraud-scheme-impersonating-legitimate-institutions/ https://www.cpomagazine.com/cyber-security/fake-broker-deale...