Crypto is largely unregulated and therefore susceptible to scams, pumps and dumps, and bad actors. Solutions to these problems are being worked on, but have not been fully implemented yet.

Rug Pull

Anubis DAO ($60 million)

NFT Rug Pulls

Azuki ($100+ million)

On Chain Exploits

Ronin ($600 million)

Phishing Scams

bZx ($55 million)