# kaal:claim:3808873-006

**Claim.** The profit driven influx into the digital asset space brought rampant fraud that created a chasm between the decentralized asset space and mainstream investors, and lacking regulatory certainty and recognition of cryptocurrencies exacerbated that divide.

**Type.** mechanism  **Support.** argued

**Holds when.**

- digital asset markets between roughly 2010 and 2020

**Source quote.**

> With it came fraud in the digital asset space which was rampant and created a chasm between the decentralized assets space and mainstream investors.

**From.** Wulf A. Kaal, *Decentralization Neutralizers* (2021), I. Introduction, page 7

**Cite as.** Wulf A. Kaal, Decentralization Neutralizers (2021). SSRN: https://ssrn.com/abstract=3808873

**Verify.** sha256 of source PDF `f11493915e6b8c266d421510b5546816e33defb5650aac9d09b20d78549da727` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20Decentralization%20Neutralizers.pdf

**Failure mode.** Speculative Influx and Fraud Chasm  (family: fraud-and-misconduct)

**Topics.** institutional-design

**Keywords.** fraud, digital-assets, mainstream-investors, regulatory-uncertainty

**Related claims.**

- extends: https://wulfkaal.github.io/claims/3606663-014
- extended_by: https://wulfkaal.github.io/claims/3949098-032

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.