With so many scam tokens you can imagine how much investor funds have been lost. And the average token/coin scam happened in 2016-2017, and those were the worst years in crypto history for scam projects and scams with various modes.
(....)
Yeah, this is one of the many reasons why governments are really strict with cryptocurrencies, especially in some countries.
Another thing is this is the most downside on a decentralized space, anyone can do such anonymously and without getting caught.
So for me, I believe that basic education for those "investors" are must, people must have basic knowledge how to identify fishy/scam projects that are related with cryptocurrencies.