This is what's ruining the reputation of crypto to newbies and the community, projects who are well-funded but are doing exit scams.

Altcoins are still trustable and you just have to find projects who have solid teams behind them. There's a crypto streaming platform which has team members that worked for Twitch and Netflix, those projects surely have a name to protect and we're sure that they have the expertise to deliver. But once we see new projects popping up with no whitepaper/plagiarized, shady ANN threads, no team showing, then those are the ones that we should all avoid.