Similar such incidents will be mentioned as a reason by the government when applied for regulated usage of cryptocurrencies. More Scams in the name of cryptocurrency is truly destroying the true quality of cryptocurrency and it's features
I don't agree. Crypto scams don't destroy its image. It's like saying that fiat scams destroy fiat's image.
If someone doesn't feel like having cash is dangerous after reading that someone was robbed he shouldn't feel that it's dangerous to own bitcoin after reading that somebody was scammed online.
So many people in the US fall victim to IRS scammers or fake Microsoft support from India and they keep using fiat money. It's their way of thinking that should change not crypto.
You have a good point. But sometimes it is the reason why people are afraid to buy cryptocurrency when they heard these kind of news that they think they might fall victim to it as well, so they are just playing safe. News headlines are also the main reasons why Bitcoin's image is destroyed saying "bitcoin is a scam" so people back out of buying it when they read this kind of headlines.