There are still many who fall for these kinds of scams, it really comes down to a lack of knowledge. As they say, it's just easy money or HYIP. Even though regulations are getting tighter, some still manage to slip through, and most of these scams happen in poor countries.
Knowledge is power. And scammers are very intelligent; they can do everything to scam people, and that is why regardless of what you are doing, whether in the crypto space or outside the crypto, try and be knowledgeable about it. However, many of these people get scammed because they don’t have the knowledge of what they got scammed of, and since scammers can operate even in the physical banks, you can see that crypto that is digital is a small thing and an easier way to even do it.
The best thing is to keep what you have safe, whether crypto investment or any other things that you know scammers hunt; furthermore, even in developed countries, scamming can take place. The thing is just knowledge, whether poor or developed country. If there is knowledge, you won’t be scammed.
It is also important to not overestimate ourselves, because even if we know a great deal of the tactics that a scammer can employ against us, we are not infallible, so if the circumstances are right we may walk right into their trap without really knowing what we are doing and lose our money to them, and then we may wonder how this may have happened to us, so it should be clear that anyone can become the victim of a scam if at the time they are not careful about how they deal with the scammer right in front of them.