Crypto environment is not policed apparently because it is an unregulated finance ecosystem and until a nut of regulation is introduced the prevailing scam incidence will continue to rise
Especially in the cryptocurrency is about $300 billion, it's a very large amount and to find a person who can be fooled very easily 
Topic: Scammers running free (Read 1863 times)
Crypto environment is not policed apparently because it is an unregulated finance ecosystem and until a nut of regulation is introduced the prevailing scam incidence will continue to rise
Not until we start seeing crypto scammers get arrested for real many new investors won't join,I have friends that won't join crypto because of scammers running away with ICO funds forever ,no way to arrest them and get the funds out of them,the few news I read about getting some scammers is not enough ,the more there is an effective way the less scammers will harm crypto
I really don't think they are, some countries deal with scammers and give them the punishment they deserve. So I would say that it depends on what country the scammer is, as I know very well that the United States don't tolerate scammers 
it is what it is, until regulation comes in
people would like non-scam market, but without regulation, for me that seems like an utopia
people would like non-scam market, but without regulation, for me that seems like an utopia
If there's a good opportunity scammers are nowhere. Its not surprising, even in the real market have also opportunist and syndicates. I don't think about scammers, I am concerned more for the people who became victims of scam. They can't file a complaint against them. Who were to be blamed? Are the scammers or the poor security?
Those victims that patronizing the scam attempts are really hopeless once being victimized, scammers are everywhere and always looking for good chanceto take their advantages, if you want to avoid them before doing anything make sure to have full understanding of what investment form you are going to support to make sure you can do good precautions.
Not until we start seeing crypto scammers get arrested for real many new investors won't join,I have friends that won't join crypto because of scammers running away with ICO funds forever ,no way to arrest them and get the funds out of them,the few news I read about getting some scammers is not enough ,the more there is an effective way the less scammers will harm crypto
What about @Zooko who is milking all the ZCASH fork projects and creating free coins in each and selling them down to zero? BTCZ, BZE, VOT, HUSH, ZCL, BTCP all being sold off to zero satoshi.
It depends on him creating trust for greedy people who want to make money quickly with easy x5 or x10 prices. They should accept such risks
Once bitten twice shy. It is not only you that have those that are scared of ICOs because of one or two investment in scammer project. I think, tougher rules or penalty should be applied on ICO to scare these project scammers out of crypto space.
If there's a good opportunity scammers are nowhere. Its not surprising, even in the real market have also opportunist and syndicates. I don't think about scammers, I am concerned more for the people who became victims of scam. They can't file a complaint against them. Who were to be blamed? Are the scammers or the poor security?
At first there was a good ICO popularity and good earnings there. Then in this area came a lot of scams and investors began to lose their money. Now the popularity of iCO has fallen so it has become more difficult for scammers. Many investors turned their attention to IEO.
this is due to the lack of strict regulations so that they are free to run when committing fraud, Cryptocurrency needs a power in a rule, so that it has a hard effect on everyone who tries to commit fraud and steal investor funds.
I guess the scam rate now is getting lower, AFAIK, most scams are from ICO but since investors have found IEO a better way to invest than ICO, so those random teams who will just create to scam will not be able to attract investors again.
Not until we start seeing crypto scammers get arrested for real many new investors won't join,I have friends that won't join crypto because of scammers running away with ICO funds forever ,no way to arrest them and get the funds out of them,the few news I read about getting some scammers is not enough ,the more there is an effective way the less scammers will harm crypto
Still going on, the scamming and there is not stopping on these scammers, bounty hunters and investors should do due diligence, this is the time to be more careful and to be wiser and to learn a lot, if they are making progress so are we, this is what happens to the unregulated market, they can do whatever they want.
this is due to the lack of strict regulations so that they are free to run when committing fraud, Cryptocurrency needs a power in a rule, so that it has a hard effect on everyone who tries to commit fraud and steal investor funds.
Well i think there are still so many scammer that are running freely after they do scam to others, specially in crypto, in crypto there are so many ways for scammer to earn by doing a lot of scam things. That is why we need to be more careful and watch our moves in order for us to find a ways to detect a scammer.
scammers are indeed a special concern for crypto in the future. the need for learning and knowledge so as not to join and participate in investments that are scam. always be careful and choose a convincing investment.
This is the sad thing about this one. When fake ICOs launched and scam people, we cannot do anything but rather report it to the community and warn others not to invest in it. Sadly, those scammers can easily get away with the money they gathered without no trace of their personal life.
Experience and knoledge are everything, scamer have both it. when caught by people, they can change profil and replacing another project and do trying to scaming again. this is cyrcle situation. Not until we start seeing crypto scammers get arrested for real many new investors won't join,I have friends that won't join crypto because of scammers running away with ICO funds forever ,no way to arrest them and get the funds out of them,the few news I read about getting some scammers is not enough ,the more there is an effective way the less scammers will harm crypto
What about @Zooko who is milking all the ZCASH fork projects and creating free coins in each and selling them down to zero? BTCZ, BZE, VOT, HUSH, ZCL, BTCP all being sold off to zero satoshi.
Yes they can be jail when you report on police office.
don't forget to bought proof and to be sure that ICO you are report are scamed people not by issue.
the problem is that, if the document provided is fake then we won't be able to do anything. nobody knows who they are and who. it would be very difficult to find them. don't forget to bought proof and to be sure that ICO you are report are scamed people not by issue.
Not until we start seeing crypto scammers get arrested for real many new investors won't join,I have friends that won't join crypto because of scammers running away with ICO funds forever ,no way to arrest them and get the funds out of them,the few news I read about getting some scammers is not enough ,the more there is an effective way the less scammers will harm crypto
depending on the country the scammer is located and how the country treats such people or how the country react to such crime. You know in US they take scammers as a very serious crime and will not waste time to prosecute them. So if some countries take this very likely, then you would see a different approach. But most of the projects in ICO are not in the US, there are only few projects like CENTRA that was considered as they violated the law in the US, and they got jailed IIRC, so other projects are now smarter, they learn from the big mistake of CENTRA and they run their project in different country where crypto regulation is still lax.
Not until we start seeing crypto scammers get arrested for real many new investors won't join,I have friends that won't join crypto because of scammers running away with ICO funds forever ,no way to arrest them and get the funds out of them,the few news I read about getting some scammers is not enough ,the more there is an effective way the less scammers will harm crypto
depending on the country the scammer is located and how the country treats such people or how the country react to such crime. You know in US they take scammers as a very serious crime and will not waste time to prosecute them. So if some countries take this very likely, then you would see a different approach. Can the ico scamer be caught by the police?
some scamers managed to raise funds and run, this became a big question after the thieves managed to become rich people and took investor funds.
Yes they can be jail when you report on police office.some scamers managed to raise funds and run, this became a big question after the thieves managed to become rich people and took investor funds.
don't forget to bought proof and to be sure that ICO you are report are scamed people not by issue.
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