No it’s not. If my savings account gets drained by someone hacking my account, the bank gives me back my money up to 250k and they have mechanisms to claw back that money from other institutions.
With crypto you can commit fraud at scale with little risk of long prison sentences due to the non violent nature of the crimes and victims are SOL.
With crypto you can commit fraud at scale with little risk of long prison sentences due to the non violent nature of the crimes and victims are SOL.