https://www.coindesk.com/thai-gang-member-arrested-over-alleged-16-million-crypto-fraud
https://www.businessinsider.com.au/5-cryptocurrency-scammers-charged-over-3-million-fraud-and-more-than-100-got-sucked-in-2019-8
we have a law here but it is not as intense as our real-life. If we do not have a law in this space, every single people in here will try to scam people without worrying get caught by the law. The reason why it is not as intense as our real-life because it is very hard to caught the scammer. The technology is able to cover up their identity while they are doing the scam which results in freedom for some scammers.