Like Embrunman for example? It got cancelled 2 weeks before the event by the authorities (if the organizer was smart he would have done it himself way earlier) but the organizer tried to revoke that decision by going to court (which he lost of course...) stretching the insecurity for athletes even more.
They offer a 50% refund for maximum 300 athletes that want to opt out.
They offer a transfer to 2021 but they will raise the registration fee for that event and athletes will have to pay the difference.

I think Gerardmer is a case where they offer the perfect solution: reimbursement or transfer but that is because it is one event and a very well organized one. Things change if you are operating multiple events with multiple organizers.

WTC is doing a good job during hard times and I don't feel disrespected. Also, I don't see a lot of alternatives that provide the same experience.

Sam