Indeed, ERC20, due to its versatility and scale, is attractive for fraud, and this, of course, adversely affects the cryptography market as a whole. But progress does not stand still. These are only temporary difficulties at this stage in the development of the entire cryptoindustry.
That's something no one wants to happen. But because of scammer's greed it caused the altcoin market to collapse when more than 80% of altcoin was a scam. and most of them are created at the ETH platform, because it's easy for us to create a smart contract.