Do I condone people getting scammed by others? NO



But do I think it is funny when people who do not do their homework and then send irreversable funds to an exchange where the owner is not well-known and in the limelight for all to see.

You may as well have given $1000+ to a random stranger on the street and said "PLEASE HOLD MY MONEY OKAY? I WILL BE RIGHT BACK TO GET IT IN A FEW WEEKS/MONTHS."

Yes, you're right. But for trading BTC or other coins, most of exchanges are not transparent. There is high risk definitely.