IGNORANCE OF THE LAW EXCUSES NO ONE. Many Filipinos are victims of so many kinds of SCAMS because some Filipinos doesn't care about the laws. Even just a simple National Law they do not know that is why they are victimized. Like for example, before investing your money into something, we need to know the person and the company behind that investment, we must search and if we feel like we are not sure we must withdraw. We have all the right to say NO. Mahirap sa atin ( I mean to most Filipinos) do not know how to say NO. This is something we must master about for our safety na rin :-)
Your statement does not fit with the title of the thread, I don't see you stated a law here.
What you are saying is investors needs to be careful investing so they will not get scam, and I remember SEC were issuing some kind of warning on investment scheme that they notice but we are in crypto, investments are all over the world, SEC cannot cover them all.
So the best thing to do is get ourselves educated or learn from our mistakes.