Forking the Bitcoin network is a tried and tested attempt to create a coin to rival
Bitcoin which has proven to be futile. All previous forked coin performances and
acceptance has shown the trust lies with the project with the 100% security performance.
Forking the Bitcoin network now would be seen as a folly!
It was not an attempt to create a rival coin but to scam people who don't know better. Don't confuse competition with malice.
Don't you think scam is a bit harsh. Like there wasn't an attempt to steal anyone's money or extort money from anyone. Last I check, almost wallets that were holding Bitcoin were eligible for equivalent amount of fork coins like Bitcoin cash and Bsv.
Just like Pooya has said, some Chinese guys were obsessed with making quick money and they do anything to get attention, make the money and moves to the next one. They fork anything with any names and when the coin is listed, it plummet after sometimes, even the Bitcoin cash that is having some relevant left seems to be having dead community, been a while I heard some drama from there. Just like ICO trend back then, everything had there own time and they faded after sometimes.
Lesson learnt from this but do you not see what is happening today, more series of fooling has come to pass, next Bitcoin, next decentralized finance, Bitcoin killer and there is none that has stand the test of time, and I'm very optimistic more is going to come, they just need a new fresh ideas to fool people again.