How is this type of Crypto scam possible?

The cryptocurrency universe can (or could have by now) be an excellent and advantageous gen if its (was) treated with respect. now its getting so overly regulated they might as well just call it virtual currency instead of crypto. i thought the whole point to a cryptocurrency was that its an anonymous decentralizing asset. but since hackers and scammers like to go and lock up corporations with ransomware programs and rug pull peoples investments and all that other kind of blackhat mischief (im talking real blackhat operations, this forum dont discuss the criminally invested side of the hat-at least not that i know of) so now you have to do a KYC and all that shit to sign up for this exchange or that token site making the crypto univers A CENTRALIZED AND CONTROLLED platform.
 
well this is possible because. majority of people that put money on crypto, doesn't even know how blockchain works, no need to mention smart contract etc. they will just skip it, and put the money based on hype basicly gambling
 
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