Now there are a lot of scam projects on the market, i personally chose one project for myself, which i constantly follow and participate in the bounty of the company http://gexan.io/ this is their website, where there is all the information
And what, the project is a real worker and you can earn money for yourself? 
Topic: Scammers running free - page 7. (Read 1866 times)
Not only ICO even real time banks also scamming the users for that we are moving out of using bank means that is no sense. We need to take pinch of salt in the sea likewise we need to pick the right ICO while we are planning to invest.
To stay away from scam ICO you just follow the scam accusation board frequently on daily basis. Then I am sure you will not be trapped with any scam ICO projects.
To stay away from scam ICO you just follow the scam accusation board frequently on daily basis. Then I am sure you will not be trapped with any scam ICO projects.
Now there are a lot of scam projects on the market, i personally chose one project for myself, which i constantly follow and participate in the bounty of the company http://gexan.io/ this is their website, where there is all the information
I totally agree with you. The way scammers get away free these days is alerming and no one seems to care. 90% of ICOs are scam, no new investor hearing this will like to come in. Something should be done.
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
Maybe the best thing to do to eliminate scammers is to be aware of ourselves of what we are getting into or participating with, the more people aware of this, the more scammers wont do to scam anymore because of people awareness, maybe thats the best thing we can do, to educate ourselves.
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
Yeah theres a lot of scammers roaming around. Thats the worst part of being anonymity this case is not new at all. But if we cant make them pay for what they did, maybe we can prevent the scammers. I think you need to research and you need a tons of it. Plus dont give em money unless they reveal themselves and you dont have any proof that they were real.
You just need to be more careful from the beginning. Crypto currencies are still standing for anonymity and there is no way to find out who the scammer was, so be advised and check every single aspect of a project before putting your money into it.
yes, because anonymity is already a risk of cryptocurrency, it makes sense that fraud often occurs. The fraud and failure of a project in my opinion depends on our luck. most people must have checked it and thought it was good, but still they could be fooled.
You just need to be more careful from the beginning. Crypto currencies are still standing for anonymity and there is no way to find out who the scammer was, so be advised and check every single aspect of a project before putting your money into it.
this is one of the major reason why many people want regulation to enforced so that investors will stop losing money to scammers. this is one of the reasons why SEC has come out to try and regulate crypto activities and we have seen the effect of this on the market and also some project owners and left the project and ran away while some have been apprehended, others will soon be caught. this things have changed because of the fear of SEC.
It should be the work of each regulation in various countries to lay down regulation this way scammers can be tamed SEC can't do it alone.this is one of the major reason why many people want regulation to enforced so that investors will stop losing money to scammers. this is one of the reasons why SEC has come out to try and regulate crypto activities and we have seen the effect of this on the market and also some project owners and left the project and ran away while some have been apprehended, others will soon be caught. this things have changed because of the fear of SEC.
It should be the work of each regulation in various countries to lay down regulation this way scammers can be tamed SEC can't do it alone. Invest IEO if you are disappointed in ICO. This will save you from fraudsters who just runs away with funds after ICO. Crypto always develops and other alternatives appear.
yup you are right, there is a way when the problem comes. Ico is now extinct, now it will be replaced with the IEO. many people are very enthusiastic about the IEO because it's so easy to make a profit
It is a sad thing and hurts to the bone when you've worked tirelessly for a bounty campaign only for them to disappear when it's time to receive your reward. I think we need an effective way to to screen out these Scammers so that we can have peace mind.
IEO is an interesting way to screen out such scammers. if you see that the project has a partnership with some kind of high-quality exchange, then I think you can be sure of your reward. but it is not 100% 
It is a sad thing and hurts to the bone when you've worked tirelessly for a bounty campaign only for them to disappear when it's time to receive your reward. I think we need an effective way to to screen out these Scammers so that we can have peace mind.
Because there are so many scammers and running free projects. therefore investors cannot recognize it. This makes the IEO projects and will replace ICO projects. All scammers will be eliminated and the crypto market will become fresh.
Invest IEO if you are disappointed in ICO. This will save you from fraudsters who just runs away with funds after ICO. Crypto always develops and other alternatives appear.
We know already that cryptocurrencies are not regulated right now so it is true that the scammers are running free but there are some scams whose team has been arrested like the Centra Scam.
I think the best way to prevent being scammed is just don't invest on the ICO's. I always say that most of the ICO's are scam and many of us know it already.
It is a terrible situation and indeed a pitiful situation to see scammers and hackers doing what they love to do. Binance got hacked. ICO got defamed due to scams. The system is really vulnerable and prone to attacks and an exchange like Binance could get hacked, there should be no doubt that Bittrex could also be targeted. It is important to look into every project before investing in the project and take care of your security keys. I think the best way to prevent being scammed is just don't invest on the ICO's. I always say that most of the ICO's are scam and many of us know it already.
The OP is not entirely correct since there have been scammers who were arrested in some countries(afaik). More often than not, however, most of them run scot-free. Theses ICO scams have led some governments to consider its regulation and worse; implementing its total ban. Once regulated, well, kinda totally beats the purpose of having the blockchain tech which allowed full anonymity among users, eh? Ultimately, scammed investors are left to decide if they will discontinue or simply shrug it off. Best tip yet, do thorough research first and look for red flags before investing your money in any ICO.
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
This is really sad, scammers can do what they want because they are not being arrested because we also don't know their real identity because some ICO's didn't introduce themselves maybe because their way to run for their responsibilities. I don't know why there are still a lot of people doing this. I don't want my family to eat their food from a bad activity like this. 
We know already that cryptocurrencies are not regulated right now so it is true that the scammers are running free but there are some scams whose team has been arrested like the Centra Scam.
I think the best way to prevent being scammed is just don't invest on the ICO's. I always say that most of the ICO's are scam and many of us know it already.
I think the best way to prevent being scammed is just don't invest on the ICO's. I always say that most of the ICO's are scam and many of us know it already.
This is one proof that we need regularization and legalization right now because without it scammer are free to do something illegal without any disciplinary action by law. If regularization and legalization will implemented scammer will going to afraid because government will have rights to make a law to punish scammers.
The question is if people will still not fight it being regulated, fine it can be legalized, but I am sure people will still have issue with its regulation, because majority of them feel that once it is being regulated by the government, they will still be able to monitor their transactions.For me, I don’t have any issue with government monitoring my transactions because I have nothing to hide, the speed cryptocurrency payments has brought solution to slow and third party involvement is more than enough for me to continue with the system for the rest of my life. So if regulating it is what it will take for these crypto scammers to be wiped off, then I am in full support of it.
Jump to: