Madness, https://www.oregonlive.com/business/2024/01/an-oregon-homebuyers-122000-down-payment-vanished-two-banks-wont-say-who-has-it.html

While obviously btc would not stop you from sending money to a fraudulent entity ( the first problem the customer unfortunately did )...think about the subsequent shitshow where there is no ledger showing the money and no one knows where it is. The legacy system is risky too.