The whole premise of crypto is that it's unregulated, so yes it should 100% be assumed that you're probably going to get swindled.
There was a story about how Sequoia (or a different VC) gave FTX millions while SBF was playing games during the call with them. I mean, if nothing else, if you can't expect the tiniest ounce of professionalism from a company you're investing in, I find it hard to feel bad for you when you're scammed out of that investment.