No it isn't. More than half of the people never heard of cryptos. Those who do know, they fear investing in cryptos because they fear risk, PERIOD.
I am so floored that people reading this are actually surprised that it happens! NewsFlash: It also happens in traditional markets. Don't get twisted and act as if it doesn't.
I am not discussing the 'legality' of it all as we already know. Nonetheless, it has been going on in non-crypto markets and still is today REGARDLESS of the legalities.