The main difference here is the sophistication of the investor, and the people this article is about clearly did not fully understand the risk they were exposed

The main difference here is the sophistication of the investor, and the people this article is about clearly did not fully understand the risk they were exposed to. Molly White posted a whole bunch of letters to the Court on Twitter related to the Celsius bankruptcy, and the excerpt read pretty much exactly like when people get outright scammed. Of course nobody should invest a large portion of money they need into something as speculative as cryptocurrencies. But that doesn't mean that people that are not critical enough of outlandish claims and invested in stuff like Celsius deserved to lose it all. There are certainly people that understand the risk and participate anyway, and greed got the better of some of them. But there are also people that were essentially just scammed.