Is FTX a Scam?

FTX collapse seems like a cautionary tale about the cuddly capitalist situation. What does this tell us about cryptocurrency in general? I mean as you say it was in a pretty parless state even before FTX came crashing down, but where is that at this point? There's kind of a couple of worlds. The crypto world but then there's the completely decentralized called DeFi world which I referred to napping earlier. But that will always be with us because it's impossible to stop. If you don't like it ignore it.