For a long time I suspected this to be the case and I'm not really surprised, this happens in all kind of rating agencies, whenever an organization gains the power to rate a market corruption will happen and the ratings become useless, this is one more reason, as if we need more, why the decentralization of bitcoin is one of its greatest strengths and why decentralization is one of our greatest strengths as well, each one of us needs to do our due diligence on any project in which we are interested and if we find something suspicious we need to share it with the community.