In my opinion the problem with this kind of projects are two:

First problem: Newbies which come by first time to crypto get scammed and they think that almost all projects are scam and they go out of crypto scene by that, too they speak bad about cryptos to other people by this experiences.

Second problem: Real devs who try to make trusty projects lose possibility of get funds because people dont trust in no one, then we are loosing many good projects because this can not get the enought funds for success.

Sometimes i think the financial system is paying people to make this kind of scams and get crypto scene in a marginal space.

Hopefully bots leaving ... then I would consider mining this coin again.