Comment by derangedHorse

Because law enforcement in the US is corrupt and incompetent. They prosecute those who undermine them, instead of scammers who undermine American citizens. It's crazy the number of cases I see towards those who convert Bitcoin for US dollars due to circumventing MSB laws that allegedly enables money launderers but have no proof, while there are those who are provably stealing money who never get caught or even investigated.

Just try and find a case of fraud that was reported and successfully resolved by the FTC for an average American. I know people who have collectively lost over $1m who have never, and probably will never, see any resolution to their case. Some scams even have public founders and work using traditional financial rails.