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Topic: Cryptocurrency Lawsuits Have Tripled Since 2017 (Read 93 times)

legendary
Activity: 2268
Merit: 18509
September 17, 2018, 09:51:48 PM
#2
This was to be expected as the ICO market has proven terrible for most investors, and now people  are seeking help from the centralized entities because they're plan to get rich from decentralized projects and tokens didn't work. If it was indded a scam definitely seek justice, but if the case is against a project that is delivering on track and the cryptoasset is performing poorly because of the bear market, you should definetly recosinder.   

Do you have a source?

I'm not surprised, though. Most ICOs are completely scams - they plagiarize a whitepaper, make a fake team from stock photos, and put up an Eth address, and that's it. Can be done in under an hour. And yet people are still stupid enough to send them their money. Good luck opening a lawsuit against some anonymous scammer, however.
full member
Activity: 179
Merit: 100
This was to be expected as the ICO market has proven terrible for most investors, and now people  are seeking help from the centralized entities because they're plan to get rich from decentralized projects and tokens didn't work. If it was indded a scam definitely seek justice, but if the case is against a project that is delivering on track and the cryptoasset is performing poorly because of the bear market, you should definetly recosinder.   
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