If we pay attention to crypto, we will see very few crypto projects from Russia, only a few successful projects and long-term commitments. WAVES is a typical project.
Telegram project as well. Russia has big developer communities and they are big country too. They have big contributions not only in crypto, blockchain technology but also in other industries and other areas of human civilization.
I don't think the Ponzi scheme should be blamed on Russian developers and we should not consider them as bad because of Ponzi. Ponzi exists everywhere. You can not say Bitcoin is bad because bad guys abuse Bitcoin for their Ponzi projects.
Ponzi exists everywhere. I agree with that.
Ethereum is a project from the US.
Telegram is a project from Russia but they are no longer registered in Russia. They move constantly so that they do not have to be controlled by any country.