These people weren't betting it all on a get rich quick scheme though. This was not putting money into something that lost market value. Their accounts still cl

These people weren't betting it all on a get rich quick scheme though. This was not putting money into something that lost market value. Their accounts still claimed to have a specific value, and then Voyager stopped letting them withdraw any of it. What they did put their savings into an account that had a higher interest rat than a bank or credit union. The amount they were promised was lower than the normal interest rate for a normal bank savings account when I was a kid - again, not some promised massive return that you seem to think it was. What you are saying is that anyone who has their money in a single bank is an idiot, because that bank or credit union could actually have been stealing their money, and be lying about having FDIC coverage. Now, many (most?) of the victims here had their entire balances in USDC - a coin that is still 1:1 with US dollars - they were told that their accounts were in US dollars. They were repeatedly told that their accounts were FDIC insured, and that the company had sufficient reserves to repay all balances. This was a publicly traded US company, and the CEO was a former etrade CEO. They had no reason to not believe any of those claims - after all, the SEC, etc exists specifically to prevent that kind of fraud, and surely claiming FDIC insurance when you don't have it would be called out by the FDIC. So again, this was NOT people trying a get rich quick scheme, these were people who were trying to have their savings in a higher, though still entirely plausible, interest rate. They were not investing in anything risky - they were keeping, as far as they knew, US dollars - and even though it was actually USDC, USDC is still 1:1 with US dollar, so they should be able to withdraw those coins. Stop trying to blame victims. Stop trying to claim that they were "investing" in a get rich quick scheme. Stop trying to claim that they "should have known" it was fraudulent. Just stop. Unless you can provide some kind of justification for your victim blaming that would not equally apply to me as all my cash is in accounts with Wells Fargo.