There are still many who fall for these kinds of scams, it really comes down to a lack of knowledge.
Forget Crypto, People without knowledge are getting scammed in the old banking system every single day. Credit Card Scams, Loan Scams, and what not.
Crypto requires a little bit knowledge and safety of your coins which in the normal banking system, a bank does it for you.
It's exactly similar as securing your cash in your wallet or at home from thieves. That's what exactly you have to do for Crypto. Just keep it safe from these E-thieves.
This is different since it’s very common in the crypto space for people without enough knowledge to easily fall for investments that seem too good to be true. Credit card scams and loan scams are another story, but if they also get scammed on those, it’s not shocking they’d get scammed in crypto too.
That’s why the government’s help is really needed to minimize risks by educating people. But that won't happen if the market isn’t fully regulated. In some poor countries, crypto is already regulated, but if people aren’t educated, I’m not sure if their greed is the problem--wanting instant returns --or if crypto is just hard for them to learn.
