There is nothing you see in this world that some set of people cannot do fake or do fraudulent acts for, I don't know if this scenario is conversant in your country but in mine yes. You will see some people telling you they are calling from your banks and collect some certain information and dupe you of your hard earn money.
The truth there is, there's fraud in almost all places we found our selves. The government which accuses bitcoin as being fraudulent are the biggest fraudsters, there promise so much in their campaign of wining elections to gain power and when they finally get in power they misuse it and embezzled a lot of funds which is supposed to be used for the welfare of the people, well the cryptocurrency could be fraudulent but it's rate of advantages it gives to the people is far better off so we appreciate it that way.