Part 8/9:
As discussions around these scams grow, so do the questions about regulatory oversight. The existing legal frameworks seem ill-equipped to address the complexities of modern scams, leaving many to wonder when regulators will intervene meaningfully to hold wrongdoers accountable. Sahil’s brash confidence during his confessional interviews reflects a broader lack of deterrents against such fraudulent behaviors.
In a seemingly forgiving environment, those like Sahil who bank on scamming influencers and their fans may feel emboldened, perpetuating a cycle of dishonesty. This begs the urgent need for regulatory bodies to step in and create clearer guidelines for influencer marketing, especially concerning cryptocurrency and financial products.