Absolutely.
It is not dfficult to argue that Zcash’ main function so far has been to enrich founders & friends (at the expense of Zcash holders, of course)
I mean, it is not for no reason that the crypto masses consider Zcash to be little more than a honeypot for the powers that be, and won’t touch ZEC with a stick.
I believe this reputational damage likely is irreversible, and that therefore the best hope for the tech to ever see mass adoption will be through its deployment by alternative, “less scammy” projects.
It is all really sad, to be honest.