First and foremost, we have to understand that scams, frauds and deceptions can be happening to any industry and definitely this is not an exclusive issue with the world of cryptocurrency. There had been so many financial frauds in the modern human history and there were even involving banks and financial institutions to the detriment of their many victims. Now, scams and frauds became easier and even went global with the coming of the internet and then now with cryptocurrency.
I agree with you.
Scammers are everywhere, in every industry. The problem we have in cryptocurrencies is that the lack of regulations turned out to be a good situation for scammers, incentiving them. Especially during bull runs and ico crazy.
Ethereum is becoming the platform for them. On the othed hand, Bitcoin is somehow safer , except for the forks, which is a good place for them to scam people.