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.
Seems confusing to me, let me clear you about this Ignorance of the law doesn't apply when youre a victim of scam investment much better if you said "Ignorance of things or ignorance of modus/scams" parang sinabi mo na pag ang isang tao ng invest sa like for example hype investment site tapos after a month biglang turn to scam yung site at lahat ng pera mo hindi na bumalik sau it means its "ignorance of the law"?? Ang alam ko kasi ang ignorance of the law pag may ginwa kang kagaguhan tapos hindi mu alam na may batas pala para dun at kinasuhan ka at wala kang ka alam alam na lumabag ka pala sa batas hehe..
Mali po ang pag apply ng statement na
"Ignorance of the law excuses no one.".
Ang ibig pong sabihin nito ay kapag mayroon kang nalabag na batas, hindi mo pwedeng i-dahilan ay pagkulang sa kaalaman ukol sa batas nito.
Halimbawa:May smoking ordinance sa iyong city/barangay. Ibig sabihin bawal manigarilyo sa public places. Nahuli kang naninigarilyo kasi hindi ka aware sa smoking ordinance. Hindi mo pwedeng i-dahilan na hindi mo alam na bawal pala o na may existing smoking ordinance dahil pagkukulang mo yon.
I think OP's context is almost the same, but I don't think there's an involvement with the law. As far as I know, there's no existing laws with regards to crypto investments. What we should be aware about is the possible regulations on crypto especially for those who have large sums of crypto stored or are actively trading.