My condolences for your friend. One of the major problems in crypto is still the general cluelessness of people and the general type of people that crypto attracts. These type of people + a lot of money attract people like Craig.

To be honest I think with institutional inflow, we will see a lot more craigs in the next few years. Especially once it will be possible to short more coins.

Its important that we keep spreading the word and take the time to educate us and others .