Is this the Cobinhood exit scam?

Cobinhood is supposed to be like Robin Hood because I am sure that is where they got their name from, but then, this is just a whole different ball game and being a good thief doesn't apply here.

Cryptocurrency has been known to change the world and is still doing that, but there are quite a number of player whose game is to scam and they spend as much time as they can until the get the right number we and then, vamoose.

Some will cry wolf that they have been hacked while some will just file for bankruptcy and I am not understanding why the regulatory authorities are shouting about compliance.

Do you think we should have them the centralized economy regulate Crypto space so they stop the bad actors from messing it up for us all?
Tell me what you think.