A judicial system exists to enforce a system of rights that facilitate socioeconomic cooperation. Actions of force or fraud against individuals should be punished appropriately.

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What exactly can I, a Bitcoiner, do to punish those committing securities fraud, or to stop people from engaging with them?

How do you expect a decentralized system to overcome crypto's marketing budget?

Markets act rationally but do not have perfect information. In time, information will be less asymmetric. We will have a hard time educating people when bad actors seem more credible. History will do the work for us.

Good joke

The government's definition of crimes and the punishment system are problematic. Doesn't change what the role of a judicial system is.