Scamtastrophe

scamtastrophe - (Noun) -

A scamtastrophe is a catastrophe that is caused by an absurd amount of scamming in a society or community that causes the economy to fail, and the community to collapse in utter destruction.

Definition 2:

The act of an outbreak of scammers on an online game, such as Roblox, that causes the platform/game to shut down either permanently or temporarily in a sense of a scamtastrophe.

Definition 3:

A really big scam society

The world collapsed from the recent Scamtastrophe in the world.