Creating a token is pretty straightforward—anyone can do it, really. There are platforms and tools out there that make the process a breeze. In theory, it should be simple to identify and apprehend scammers since all transactions are visible on the blockchain for anyone who cares to look. Unfortunately, governments and agencies seem reluctant to track down these fraudsters. Take, for instance, a scenario where I fell victim to a scam. I traced the ill-gotten gains to an address, which then led to another, and eventually ended up on Binance. Now, Binance has strict KYC policies. If authorities were inclined to act, they could easily nab the culprit. However, it seems they’re not quite ready to fully embrace crypto just yet.