Recently revisited that case that shocked Wall Street. The name Madoff is synonymous with Ponzi Scheme in financial history. This guy spent a whole 20 years conning $64 billion, and almost no one suspected anything before the collapse.

What is the most terrifying thing? It's not the sophistication of the scams, but the failure of the regulatory system. With so many professional institutions and auditing processes, an old man managed to play digital games for twenty years.

This matter is more worthy of caution for the crypto community—projects promising stable high returns, opaque funds pools, agreements that refuse audits... Familiar? Change the name, but the tricks remain the same. Trust is valuable, but blind trust can lead to ruin.