Really if there is anyway to erase scammers off crypto space it would have been better, 2019 would have bring better results for altcoins if not for scam projects everywhere scamming new investors, now scammers are scaring off new crypto investors wannabe since there is no trust or whatsoever and investors don't want to lose money either, whatever the next altcoin results is going to be will not be huge as many expected due to investors not trusting new altcoins anymore, no wonder why binance launchpads are selling out in seconds.
If crypto space is just like how binance managed IEO project in return for their own reputation altcoins will be skyrocketing right now because much more money will flow in, exchanges like binance is giving out trust investment that i really hope the entire altcoin space can do the same but its a shame scammers are robbing off the trust
It's a shame that the Binance you are applauding has also done the same. One of their last one which is Perlin were a spit in the face of the investors because the devs of the project did not even care to hire market makers to take care of its price. Binance is a good exchange but I already know that sooner or later that bad projects will be listed on their IEOs and it just really happened.