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Regulatory bodies all over the world seem to be sleeping at the wheel. I have seen advertisements posted on Reddit which were aired on mass broadcast media like TV. Any such ad should contain a big red warning about the volatility but that seems to be missing.

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Big tech is getting away with anything now days. I went without ad-block on YouTube for a week and all i saw were pyramid schemes and get-rich-quick crypto courses, probably targeted to early 20s males like myself. On Reddit pump-and-dump subs are even getting to the front page. These companies are happily profiting off of it. Just don't insert any views to the right of Marx and you're good to scam as many people as you like.

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