If ICO scam with us then what should we do?

vikkis

newbie

Activity: 98

Merit: 0

Quote from: nancekapor on January 29, 2018, 01:15:20 PM

There are many #ICO live at this moment. Recently an #ICO named Benebit ,which was scammed and stolen 2 Million!

So, if ICO scam then there is no option for us? What will do Bitcointalk?

Sorry for my bad English.
Thank you

For any incomprehensible situation, remember that there are always two ways out..
either admit defeat and surrender, or fight to the last!

VPoro

full member

Activity: 201

Merit: 100

Decentralized Ascending Auctions on Blockchain

I think we cant do anything. this is the advantage and also the disadvantage of the crypto. we cant change and control the transaction. The best way is preparing to do not invest in a scam, let's spend more time to research and check the team carefully

fabskie21

member

Activity: 280

Merit: 10

That's the sad thing when investing in ICO. The risk is very high since they are unregulated. There's nothing you can do also unless you found out its deceptive nature at an erlier stage. When investing for an ICO, you must do a thorough research about the team and their background. Analyze every information and look for any worrying indication. Check also the activity of that project if it holds active events or forums.

AiwaDima

full member

Activity: 322

Merit: 101

So I know I'm such an ISO that was a very big scam I ruled on it and when I realized that the lost money that I put there was very disappointed, so now I'll be more careful about choosing ISO

aoihs00

sr. member

Activity: 700

Merit: 300

Quote from: nancekapor on January 29, 2018, 01:15:20 PM

There are many #ICO live at this moment. Recently an #ICO named Benebit ,which was scammed and stolen 2 Million!

So, if ICO scam then there is no option for us? What will do Bitcointalk?

Sorry for my bad English.
Thank you

Why would bitcointalk do anything about it. It’s clearly mentioned that they won’t be responbile for any fraudulent cases. As long as a member is cheating on you then you can put scam accusation on him or her but the ICO they are completely different things and forum is not responsible for that.

Just checkout any advertisement at the top and read the small nite written below tat advertisement and you will understand what I am talking about.

Wittycoin

full member

Activity: 696

Merit: 100

Quote from: nancekapor on January 29, 2018, 01:15:20 PM

There are many #ICO live at this moment. Recently an #ICO named Benebit ,which was scammed and stolen 2 Million!

So, if ICO scam then there is no option for us? What will do Bitcointalk?

Sorry for my bad English.
Thank you

What you can do is to report it to scam accusation here at bitcoin talk. They will only get red trust or they will be banned.

padcoin

jr. member

Activity: 168

Merit: 3

I think you can't do anything cause you gave your money voluntarily so the only thing you can do is come on Bitcointalk forum and pour out your hatred. Grin

slimfit88

member

Activity: 252

Merit: 11

bitcointalk just forum and i think bitcointalk is not responsible for that, you must reserch before you invest to know is good or bad.
Bad things:
- A team of nobodies, bad or no advisors
- Too high or too low cap
- No idea, or a non-original idea

johnlofar

newbie

Activity: 43

Merit: 0

You cannot do anything about it unless they broke some laws.

xsaints128

full member

Activity: 420

Merit: 105

If you get scammed by an ICO there's simply nothing you can do about it because they are not legally bounded by any agreement between themselves and investors. So you should always properly research about the project and only invest in good projects with dedicated team members. An ICO with good team of professionals will not scam your money.

campica

full member

Activity: 645

Merit: 145

Because of fear I have for being scammed from some ICO project I rather just take free token from airdrop then invest real money. Why? Because you never know which one will be scam. Till now I put only in one ICO around $100 + I get bonus token because I invest in beginning of sale and already sold it for $200. I don't really know what to do if you get scammed , so better invest money that you can forget about it.

bitcoinposts

member

Activity: 448

Merit: 10

If Ico fail we cant do anything there might be legal processeding but all these will take time so it is better to do research rather than investing in hurry first dont invest what u can affrod the loss

auroboros

sr. member

Activity: 588

Merit: 254

there is nothing we can do, if you think you want to report the case of theft and fraud on the ICO, it may be possible, but it may all be very difficult. if you want to follow a good ICO with a real project, then you should join the daneel project, for information please visit the website www.daneel.io

Zulkin0s

member

Activity: 87

Merit: 14

It can be not only site that pointing to potential scam. I'd stay from projects with enourmous cap and projects with only marketing specialists in team.

jereh988

newbie

Activity: 76

Merit: 0

if we want something better to take a decision on an investment for the future I think we should look closely at the site on the project!

cheezcarls

hero member

Activity: 2254

Merit: 658

Revolutionized copy gaming platform

There's nothing you can do. No cure for it. ICOs are risky and challenging, and you are 100% responsible for your own risks when joining an ICO. As for me, I am indeed prepared for all the risks and decisions that I'm taking.

Just like Benebit, investors are not careful who they deal with because of using fake profile pictures of the team that was stolen from a school's website. You need to take time double check the team if they are real or not through their social media accounts and videos. Worse of all, never join any ICO who are having an anonymous team.

Just my two satoshis.

MV7

full member

Activity: 322

Merit: 107

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Honestly, there's very little you can do besides do a ton of research before investing in an ICO.

Also, spread the word if you know for sure that the ICO is a scam.

Nothing pisses off scammers more than being called scammers

Gaaara

hero member

Activity: 1106

Merit: 501

There is nothing that can be done, obviously that is the risk that most don't want to take. That is the reason why if there is a good coin they sometimes chooses to trade after being listed in an exchange instead of investing into an ICO, even though investing in an ICO gives you more profit it is the riskiest way of earning thus they chose to trade.

It's hard to know whether an ICO is a scam but with proper data gathering and lots of experience you can know what ICO is worth investing.

Mary_Swift

member

Activity: 84

Merit: 10

Quote from: nancekapor on January 29, 2018, 01:15:20 PM

There are many #ICO live at this moment. Recently an #ICO named Benebit ,which was scammed and stolen 2 Million!

So, if ICO scam then there is no option for us? What will do Bitcointalk?

Sorry for my bad English.
Thank you

Believe me that not all ICOs are scams. That is why the only option for us will be the search for genuine reliable ICOs that can bring us profits.

kaya11

full member

Activity: 1302

Merit: 110

SOL.BIOKRIPT.COM

Quote from: nancekapor on January 29, 2018, 01:15:20 PM

There are many #ICO live at this moment. Recently an #ICO named Benebit ,which was scammed and stolen 2 Million!

So, if ICO scam then there is no option for us? What will do Bitcointalk?

Sorry for my bad English.
Thank you

Nothing can be done, that's why we have to do our own research about the project we want to invest in and make our own judgement. Surely a lesson have been learned and you won't bump into ICOs anymore without prior investigations.

I know how you feel of wanting to be rich instantly with investing in ICOs, me too man I want that to and we all want that. The thing is we should make sure if the project is legit. If you cannot go on investing in another ICO project then it's advisable to stick to the ones that are already up and running, buy and hold.

Topic: If ICO scam with us then what should we do? (Read 221 times)