There are some laws, but given the relatively young age of the tech, regulations haven’t caught up and it is a hard topic to broach.

If someone tricks you into giving them money, right now there isn’t a way to really do much because you pushed the send button. And should there be? This is part of the question.

One way to reduce this is to make it harder to join these types of P2P payment platforms and put other authentication and authorization “road blocks” in place. How many need to go on to strike a balance between security and keeping the service relevant? That’s yet to be seen.