To be blamed most is the India's central banks failure to put monitoring mechanisms in place. learning from this incident they ought to tighten their rules. This is a lesson that no investment is 100% safe be it crypto or not.
There is a big difference here, these things happen when you trust the centralized banking system where any individual decision can ruin your life savings and we have seen in this specific bank where the upper personalities responsible for good banking took advantage and gambled with the common man's money. If you trust bitcoin there is nothing to be worried but if there is a centralized coin then you need to worry.