The only reason this is news-worthy is because it's tied to the current hot button issue (cryptocurrency). Scams like these happen all the time during bull markets and the crypto investment maxims (never invest what you're not willing to lose, do your own research and if it sounds too good to be real, it usually is the case) apply just as well in any other kinds of speculative investments.
Increasing regulation and adopting that sort of paternalistic attitudes will do nothing except harbor further dissent and widen the divide between the rich and poor, as it always has.
Increasing regulation and adopting that sort of paternalistic attitudes will do nothing except harbor further dissent and widen the divide between the rich and poor, as it always has.