I see it all of the time in Youtube videos and blog posts. What is the need when the crypto market is unregulated anyway?

I mean, isn't the lack of financial rules how companies like Bitconnect and Homeblock coin get away with theft through death? I can start a coin today and promise that world hunger will end and have no repercussions since no one is really looking. As my new coin falls from 200 sats down to 1, people just leave and accept they were cheated once again.

With things this way, why don't the hoarders commit more atrocious crimes with crypto while there is basically a get out of jail free card now? Seems like crypto crooks only worry about committing typical frauds like money laundering and letting projects die.

This leads me to think that they are more computer geeks involved than actual crooks.