But if cold storage, paper wallets existed in early 2010
Cold storage has existed for as long as Bitcoin has existed.
then why did MANY people complain about mt gox if they knew that cold storage, paper wallets would be a more secure way to store their bitcoins and didnt have the initiative to take such precautions?
People are dumb. They do dumb things.
What about new liberty standard?
What about it?
I heard that bitcoinmarket had allegations of fraud just to name a few... im confused here
In the early days of Bitcoin, there was a LOT of fraud, there was a lot of hacking, and there was a lot of attempted businesses losing their financial backing. People lost Bitcoins to such services all the time.
Sometime law enforcement got involved (especially if it was a large enough amount lost), but often they didn't understand it well enough to be able to do anything about it.