There isn't any prima facie problem with paying an extremely high interest rate.

I'm sure you can find double digit interest rates for say bonds that represent payday loans, but you should expect the bondholders to default at a correspondingly high rate.

But investors should be aware that higher rates imply higher risks.

If such responsibility is laid on investors why is the SEC the SEC. This was a case of Bernie Madoff level fraud, all the while Gary was interacting with SBF - there are receipts. meanwhile the SEC was chasing celebrity crypto endorsements. Something stinks. Why is there such discriminatory enforcement of these markets. The SEC imo is either glaringly incompetent or a blazingly corrupt government organization.