Dogecoin Co-founder, Billy Markus, also known as “Shibetoshi Nakamoto”, on Twitter stated that the crypto market is doing a terrible job at protecting itself against scammers. Dogecoin Co-founder Explains Why the Crypto Market is Full of Scams According to Markus, the reason why scams often emerge in the crypto space is that the community is unable to control the space and clear it from scammers “it does a horrible job of policing itself”.