The authorities in the European Union and the United States—the leaders on crypto control—have relentlessly focused on aspects of crypto crime related to terrorist financing, money laundering and sanctions busting. But there's lack of action against low-level scams and firm directions from the top brass
Under the headline "Scammers in Paris", an online sleuth known as ZachXBT published a blog in August detailing how a pair of youngsters stole cryptoassets worth millions.