cryptocurrency isn't "unregulated". fraud is still illegal. it doesn't matter what the vector is. promising high returns and paying out early entrants through the investments of late comers is considered a ponzi, and in the US it's illegal.

cryptocurrency doesn't exist independent of all laws and society. it can coexist. flushing out the bad actors is an absolute requirement if the honest projects are to be taken seriously.

Ultimately, the BitConnect saga has just identified the pitfalls of ignorance within social media.

I could say the same about this post.