- Jun 11, 2007
The problem with this is that it's perfectly legal to trick idiots. It's because crypto in general has an extremely grey area of value, because it's hard to legally put into practice that a scam has occurred. Might even fall under unlawful enrichment. Look at the whole situation with Logan Paul and his NFT project and how so many people lost money. Sure, there's a lot of idiots who followed a guy who went to Japan to find dead bodies hanging from a tree, but that doesn't mean Logan Paul shouldn't pay them back and be fined heavily for this.
Trying to protect people from themselves, is often times not a good, or the, solution
Provide people with information, sure. But then let them sink or swim, succeed or fail, make a smart move or get duped, on their own