[astoor]

If these scams and frauds are being fueled and legitimised by the venture capitalists, and the venture capitalists are US regulated, shouldn't the regulators be going after the venture capitalists? Even a few seconds of amateur due diligence (e.g. the time it takes to read "20% guaranteed annual return with zero risk") would have set off alarm bells, so they must have known they were aiding and abetting criminal activity.

[pavlov]

US laws are designed for investor protection, and VCs are investors. Probably it would be very hard to prove that they were co-conspirators.