Hey girl, this is the WILD WILD WEST!!! Gold rush of the 21st century!!! Just like would-be miners got ripped off of their gold nuggets, would-be crypto investors will live the same experience, except back in the pioneer days, they usually lost their lives too!
This is why its so important to research and really know your coin before spending your precious BTC on them. Wager your bets, leverage your risk.
As far as government intervention, a big HELLZ NAH to dat! That is backward thinking, to want to rely on the gov't to fix things, because we all know how that story ends, they just fuck things up worse than before!
But, I do agree. I think the community needs to step up and oust this shit, just like in the ol' western days. People took the law into their own hands and made things right, did what they needed to do.
And it would be nice for BCT to do something about it, ALAS, that is not the nature of crypto. Decentralization comes as a price.