Let's face it, operators in the crypto space have generally proven to be untrustworthy. In an ironic twist to the "trustless decentralized..." we've ended up with highly centralized untrustworthy operators. It turns out companies that operate in a deliberate regulatory grey zone tend to... you know... not operate with integrity. Let's face it, there are some stable coins out there we know aren't backed, but haven't blown up yet.