All sorts of crime is happening with fiat and that does not soars fiat confidence. Crypto is just a currency, a system of money that should be generally accepted to have value of exchange for goods and services. The difference between fiat and crypto is, fiat is printed by a group of fat fingers power seeker filthy rich powerful people and crypto are created by people like you and me to level the field for a better economy system.
These CEOs were never in crypto. They were after dollar.