I think we will continue to see these kinds of things as the crypto communities become more and more main stream. Unfortunatley, that is one of the downsides, whenever there is money in something for people to take advantage of, that is where the hackers and scammer will be
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Very true, but it was the same during the Tech bubble 1995-2000, and we see just how the world changed from that. All the new innovation came from the demise for companies like Pets.com, eToys.com etc.
Right now we'll see a lot of garbage companies/tech that will get shaken off the crypto tree over the next few months.