I agree there are bad actors all over finance, which is precisely why finance and banking is so heavily regulated, in a way that btc is not, and that lack of proper auditing and controls is what makes btc incredibly risky as some sort of investment IMO and utterly unlike commodities like oil or corn as an asset.
Bitcoin is neither a useful currency, nor a reliable store of value, nor a good way to share data, nor a foundational layer for an app ecosystem, nor a commodity. It has been sold as all those things and more, but it has succeeded at none of them and I fear in this latest mania a lot of people will lose much of their money.