I agree with HT. Seems like rectifiers aren't working. Where did he source the diodes (was it a reputable source (Mouser, DigiKey, etc.) or Alibaba)?
Could there be a short to ground in the windings on the output side of the transformer?
Some things that peak my curiosity are the size of C50 & 51 and the inclusion of D23. Most of the diagrams I've seen either do not have a capacitor on the Adj pin or no larger than 10microf. I've seen no other diagram including a diode in parallel with the voltage divider. Output capacitor (C51) should be 1microf.
I've built plenty of low voltage regulators (based around the 317) and have never included a capacitor on Adj and never a bypass diode on the voltage divider. I've also tended toward larger output capacitors on the output with few problems - you can go too large

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It's been a while, but the last time I saw anything similar to that waveform, the bridge had shorted and there were cascade failures following. That was a package bridge, not discrete components. I've only ever seen package bridge rectifiers short out.
Note:
I'm not knocking Alibaba in particular, but rather the fact that there are a lot of questionable and blatantly fake products sold through them.