that is a major problem that the crypto industry are facing now, it is not about the bitcoin it is now about the people who was using this kind of industry in their own benefits, if the government can still had nothing to do with it then it might really affect the image over the years .
It is an issue that must be quashed once and for all else it will continue to paint the crypto industry in a bad light thus tarnishing it's image.
Already many countries had taken a negative stance on cryptos with this latest development regarding reoccurring scams will enable those government not to renege it's stance by placing total ban or embargo to the detriment of already teeming crypto enthusiast.