Around cryptocurrencies, there are a lot of scams that have greatly affected people's psychology and especially investors who don't believe in new projects anymore. The day became very difficult to find the legality of the project
Directly, investors will be psychologically affected because it involves trust in the cryptocurrency market and maybe they will justify the negative news about crypto that has been circulating so far. If left unchecked, scammers will have a negative effect on the cryptocurrency market because in investment, trust is the main thing