But why are scam very obvious now, some are even having domain and nothing done about it. Is it because cryptocurrencies are not regulated the way it suppose to be or this is just how the world is?.
Scams are everywhere offline or online, you know that it is if they tell you things that sound unbelievable, they do this because in the back of our minds we want easy and fast money just like a lottery jackpot, but if you think that a bank or any other big company can't give you a huge profit if you put your money on them why would a small company or even an individual do that, just moderate your greed and you will see the light.
Just like what we always say here, if it's too good to be true, it probably is. Many people know that but only few care to apply it in real life. They still choose bite the trap of scammers without even having second thoughts. They're so greedy that they forget to have some speculations first regarding the matter even if it's obvious that it's a potential scam.
Just glad your friend didn't become a victim. Good thing you were there to give him reminders and advises regarding such.