[wslh]

The focus of this thread was about cryptocurrencies as assets.

When you talk about hacks we are shifting the discussion to computer security. Computer security intersects with scamming but they are two different things, you are comparing apples to oranges, it is also a field that nowadays is weaponized and the money invested and gained in the field itself exceed the money in DeFi hacks. Do you know the price in the market of bugs and exploits for Google Chrome, WhatsApp, iOS, etc? The ones exploiting them could be scammers, state actors, etc. The specialthing about DeFi is that hackers are attracted because code is literally money.

There is one more thing that complement and give answer for posts above in this thread: big scams and hacks in the cryptocurrency space are difficult to cash out: significant exchanges use transaction tracing tools (KYT: know your transaction) to freeze assets connected to illegal activities.