[blunte]

Look up OneCoin. That is just one of dozens of scams riding on Bitcoin coattails, attracting (greedy/foolish) people, and taking most for a bad ride.

Most of these scams have been done in the height of the penny stocks days, and the SEC has (or had in the past) put a lot of effort into protecting less saavy investors.

Lastly, I work for a client in this space. My client is doing a legit business, but we constantly deal with customers who have made and lost money in dozens of these ponzis over the last couple of years.

[baddox]

Of course there are scams involving Bitcoin or other cryptocurrencies. How many scams involving US dollars do you suppose there are?