Scams can obviously happen in any industry.

In crypto it's particularly egregious/funny however because

1. A central ideology of many crypto fans is the desire to get away from regulation and government oversight, only to be immediately informed as to why those regulations and oversights exist.

2. Other scams are usually based off of a reasonable underlying premise. Crypto however, IS the scam. It's funny how shocked people are about things like Celsius and FTX, as if a company whose entire business plan is trading meaningless internet tokens generated by pollution could be anything else. I do not know how many of these companies, like FTX, are being propped up due to outright fraud, what I do know is that it's simply a matter of time before they all collapse.