Everyone and his dog probably know how unregulated the crypto world is. The term Wild Wild West can aptly describe this sphere. Wild profits at really high risks, and of course, dishonesty from some bad actors. These bad actors perpetrate exit scams, right pulls, identity phishing(I have been a victim of this in a bounty campaign, unfortunately) etc.
Now in this neophytic subset of crypto, Decentralized Finance, with the ticker DeFi, these actors have basically taken over. DeFi is an interesting upgrade of Finance and is looking to take over Centralized Finance, but with the insecurity features, this is going to be a pipe dream. I hope crypto in general and DeFi specifically change its act, and gets rid of these unwanted baggages. I still love crypto though
Crypto or the Defi can not change the activity of the bad actors you mentioned if the crypto investors, enthusiast, and traders don't improve their knowledge in knowing how scam project operate cause the scammer will always come back to abuse the benefit of cryptocurrency. However, the setting that we can blame is the DEX and CEX exchange that lists the scam project without putting the customer investment safety into consideration and this is the reason why I so much like coins that hold it offering through Binance.