Yes, of course. I get your perspective. But if one believes otherwise, it doesn't mean that their morals and ethics don't line up with yours in the end. Far from it.
If this were the case you would be more vocal with their behavior. Do you or do you not believe they were fractional reserve mining in the past?
I believe they are doing what they can to bring a crypto to the masses. If they were a scam, IMO, they would have cashed and ran already. Why keep the charade and the lies and the possibility of going to jail? It would seem to be riskier by the day to continue this way if it was a 100% scam, no?