In general, it is for sure known that some cryptos can be scams, but it is not the same kind of scam that catches old ladies that are too trusting. Instead this is people supposedly tech savvy. As such, if they fall for a scam, it's somewhat their own fault, same as an investment to a fungible business that turns out to be a scam. Perhaps some sort of investments insurance could be in place, but just like all insurance companies, it probably will not benefit anyone that much
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