SBF scammed money, but at least most of it was reinvested into the crypto space. He also invested in truly valuable companies like Cursor, Anthropic, Robinhood—many of these projects have the potential to change the world. It’s such a shame that the crypto space has so many scammers and scam projects that make money but no one knows where it’s spent. And recently, even the Ethereum Foundation has been accelerating its coin sales. This is their most important profit model—will they reinvest it back? Honestly, no idea. So, it’s inevitable that the crypto space will keep bleeding. There are just way too few solid projects.