> now give the guy a chance to build Bloom into something legit
That'd be the (perhaps too) generous thing to do, but there's no evidence at this point that he has any interest in doing that. You said that he "fucked up", but there's zero reason to believe that the past tense and not the continuous present is appropriate here. To my knowledge, he's never offered an apology, an acknowledgement of wrongdoing - either in his predatory business model or his mendacious self-promotion - or a promise to do better. The last word we have from Mr. Allred is that he believes that everyone who criticizes him is a "hater" who's just too stupid to appreciate his genius.
The message of turning the other cheek is beautiful, but perhaps a little impractical to those of us who aren't totally Christ-like all the time, and - in the context of a conversation discussing clear wrongdoing - a little banal. We're not single-handedly going to stop him from doing whatever he wants with Bloom but we should say, very loudly, that until further evidence arises his history implies that he's not to be trusted and advise everyone within a hundred yards of him to be wary.