You are talking about Brock Pierce and his "adventures", aren't you?
Or is there someone else I haven't heard about yet?
Yes. There are probably others that we don't know about. Essentially while trying to make a decentralized way of payments/transfer of value we should not be trying to make a centralized organization that funds it all.
If we take everything in consideration, it is about time that the foundation gets disbanded. Yes, they've had their good deeds in the past, but it is time.
I've been quite critical of TBF in the past, but as it's now under new leadership, I'm willing to give them the benefit of the doubt for now. Hopefully they are more open and transparent in their dealings and win back some credibility. If, however, we see more of the same and no change for the better, then yes, enough is enough. I think they understand that they won't get another chance to prove themselves reputable, so they need to get it right this time.