Well, crypto is a scam like trad fi. Just without the "tedious red tape of financial regulation, compliance with anti-money-laundering laws, or being a known and named entity with a bank account".
https://foreignpolicy.com/2022/05/12/cryptocurrency-crash-2008-financial-crisis/
You can change the technology all you want, but the human greed and graft remains the same. Nobody seems to be picking up on this nugget.
Everyone is milking the system. That's human nature. Over many more years, trad fi has accumulated a few lessons to partly (if not ineffectually) weed out abuses baked into the system. That's about the only difference from crypto. The people, and particularly the hype men and con artists, are much the same.