"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."
where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.
I've also had quite a headache on this issue for a long time. because I know that trading big in this market will make it easier to bring in more money, but the risk of losing money on exchanges is also very large. I am quite a perfectionist and expect everything to be safe before deciding on something big. That's why I'm quite worried and also missed many opportunities to get rich. I think the SEC should enter the crypto market to protect us. we should make a move to beg them and give them what they ask for. It's time for our market to be under control.
In terms of hacking and scams, we should be aware of this. They can legalize bitcoin in their country and protect their people but at the end of the day, we are still the one that should be responsible for our wallet. If we know what to do and what we should not do, we can prevent being scammef and being hacked, that easy.