In fact, these are statistics, as far as I know, in the middle-end of 2018. But then there was hype, and scam projects were much easier to deceive people.
Now the situation has changed quite a lot and theft of funds has become much less.
This recording is certainly very disadvantaged for many people because it is very visible that the cryptocurrency industry has a risk that is indeed quite large as we now observe where there are many potential scam projects so indeed we ourselves must be careful if interested in investing
People would only need to be careful same way we are being careful with fiat also, because fiat system is the worst when it to scam rate, and we still have many people that still has not got burnt, the way we are careful is also the way we will be careful with crypto investment also. All these are there because it is still a very young system, and as we continue to move further into more development, there will be so many things that will be put in place to control this.
We have already had the implementation of kyc which is already doing its own work, and sooner than later, as government are beginning to accept crypto now, they will also come up with series of idea that would control the misuse of the cryptocurrency for illegal purposes and these figures will reduce.