Many a trader got scammed in recent years due to the fraudulent projects, no matter if they are ICOs, social media "gurus" or trading platforms. In my opinion, it would be important to first educate beginners (here's an article on how to avoid mistakes, scams included
https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/). How do you figure one out and what can be done in near future to limit these frauds an access to the market?
Most of the people who got scammed were just by their faults they just going for the sites to make more profits due to their greedines nut they didn't realize that it is not possible to make those kind of profits in real life so at the end all their money gone.Before doing any kind of crypto investment they need to analyse about the site or projects.