Some coins host an IPO for a coin, and release the coin, but never use the funds to develop it. Is there anything that can be done for this?
For example. SysCoin did an IPO, but I doubt we will see any developments from them. So can they be legally challenged to refund the money?
Or releasing the coin , frees them from any liability ?
For example. SysCoin did an IPO, but I doubt we will see any developments from them. So can they be legally challenged to refund the money?
Or releasing the coin , frees them from any liability ?
Afraid not. Cryptocurrencies are the wild west (i.e. lawless)