Comment by jsheard

As usual it's not so much that the scams and attacks are unique to crypto, it's that crypto makes them much worse by willfully ignoring hard-earned lessons in traditional finance. Kidnapping for ransom isn't new, but what is new is that if you kidnap a known crypto whale you can instantly, untraceably and irreversibly extract most of their net worth with a bit of "convincing", without raising any alarms until it's too late.