Topic: What to do if you are deceived? (Read 17453 times)
The best thing you can do is look forward and keep in mind what happened to be better equipped for future situations that might seem to be similar.
You should learn from your mistakes and skip the page, because you need to be confident and always be able to not repeat the same mistakes again. Moreover, if you are patient enough, you will be rewarded as the market returns its positions.
Since ICO is a relatively new fundraising mechanism, there is no regulation about it yet. At the moment, before you put your pennies into one of the ICOs, you can only do due diligence about the project and the team. Like OP said, peoples need to start doing research on the person behind the project. Are their identities genuine?
And if you want to really invest big money, you must contact and meet them face to face. That's how it should be done, just like the old time.
ICOs are very terrible when comes to scamming people nowadays. I think the only thing we should do when it comes to promoting bounties is we should be very careful to what we are promoting. Before you start promoting a bounty you should make sure to look at the company background and the team members one by one, down to bounty manager, is he legit or not and then make your final decision. And if you want to really invest big money, you must contact and meet them face to face. That's how it should be done, just like the old time.
we can go to their company related to fraudsters ico but that is not possible, therefore we before investing in ico need detailed research, how maps work and team clarity. It is important to anticipate when we are cheated we can at least report their company to the law.
I think that this is becoming more and more common lately, so what can we do to ensure that responsible people can be punished?
I think the easiest thing to do is to contact the developers before investing or before you decide to participate in the bounty of this project. You need to contact directly by phone, if it is specified or it is best to go and look at the address indicated on the website, is there really such a company. If this is not possible, but create a theme and ask people to find out if there is such an organization or people.
In general, by any means to identify the identity of these people. As soon as we can add personal identification, these people will not be able to just fool us. Because you can write to them in the police under the article fraud.
The most important thing is that today there is everything necessary in order to really find and punish the people who are deceiving us. I think it's time for us to start doing it, otherwise the ICO may die.
If you have any other suggestions, I will be glad to hear them.
I think the easiest thing to do is to contact the developers before investing or before you decide to participate in the bounty of this project. You need to contact directly by phone, if it is specified or it is best to go and look at the address indicated on the website, is there really such a company. If this is not possible, but create a theme and ask people to find out if there is such an organization or people.
In general, by any means to identify the identity of these people. As soon as we can add personal identification, these people will not be able to just fool us. Because you can write to them in the police under the article fraud.
The most important thing is that today there is everything necessary in order to really find and punish the people who are deceiving us. I think it's time for us to start doing it, otherwise the ICO may die.
If you have any other suggestions, I will be glad to hear them.
If you really want something like that to happen in the first place cryptocurrency has to become real asset and more regulations have to be included in this market. Than you can start thinking about protecting people's money.
You cam pm the user but we know that a fraud will not going to entertain you since it is their intention to decieve you especially when it is all about money.
Now, I think it is better to post in the reputation section about the incident so that others may going to know about it and get aware of it. This should help one to get reference when doing transaction with that fraudster.
The best thing to do is to accept it and learn from it. We learn from our mistakes and make this one as an example.
Now, I think it is better to post in the reputation section about the incident so that others may going to know about it and get aware of it. This should help one to get reference when doing transaction with that fraudster.
The best thing to do is to accept it and learn from it. We learn from our mistakes and make this one as an example.
because here or crypto doesn't have the law yet, I think it's back to each of us. as much as possible in order to prevent yourself from avoiding fraud. and I also know, there is no standard for measuring between real or scam projects, but at least convince yourself before entering.
I think that this is becoming more and more common lately, so what can we do to ensure that responsible people can be punished?
I think the easiest thing to do is to contact the developers before investing or before you decide to participate in the bounty of this project. You need to contact directly by phone, if it is specified or it is best to go and look at the address indicated on the website, is there really such a company. If this is not possible, but create a theme and ask people to find out if there is such an organization or people.
In general, by any means to identify the identity of these people. As soon as we can add personal identification, these people will not be able to just fool us. Because you can write to them in the police under the article fraud.
The most important thing is that today there is everything necessary in order to really find and punish the people who are deceiving us. I think it's time for us to start doing it, otherwise the ICO may die.
If you have any other suggestions, I will be glad to hear them.
I think the easiest thing to do is to contact the developers before investing or before you decide to participate in the bounty of this project. You need to contact directly by phone, if it is specified or it is best to go and look at the address indicated on the website, is there really such a company. If this is not possible, but create a theme and ask people to find out if there is such an organization or people.
In general, by any means to identify the identity of these people. As soon as we can add personal identification, these people will not be able to just fool us. Because you can write to them in the police under the article fraud.
The most important thing is that today there is everything necessary in order to really find and punish the people who are deceiving us. I think it's time for us to start doing it, otherwise the ICO may die.
If you have any other suggestions, I will be glad to hear them.
If you are going to invest a huge amount, it's necessary to do that, and it's much better to invest in a project that you can travel to their location, or with the same location as yours, it will involve a lot of money if you have to travel to a far country just to file charges to these people.
resign, because we don't have the power to protest and ask for guarantees for the aoa that has been lost from us when we are deceived. I have been tricked into bounty for 8 months running and not being paid for reasons that are always made by the developer.
If you are deceived by some fake projects then you can start a thread here on this forum and seek advise or help from the community. this is an open forum where every one can share their thoughts or opinion and even their expertise especially on tracking those scammers.
This could be a good idea. If the sale is still in progress, informing the community about scamming may result in good. But, if the sale already finished, this will only cause red trust. Besides, it is also possible to send complaint mail to the SEC. more and more fraud, so people have to be more careful because they are easily deceived, bad people are increasingly cunning.
Most jurisdictions would punish scammers, but your hopes of recovering funds are ... well you better forget about it. The best thing you can do after being deceived is extracting the right lesson from the situation and never putting yourself in a similar situation.
It depends where you are and what options you have, but in a lot of the cases recovery of your funds will be hardly possible.
People who do experience about this should learn their lesson or else they never learn if they got scammed again.
Right because they can hide the funds or even if the police finds out a crypto address you still don't have the private keys to access it.
Bounty has got to a stage where a lot of people have been discouraged from participating in them, except you able able to get good bounties through quality research. If you do not want to be over bothered, you can try to include trading into your activities in the crypto space.
All the scammy behavior by the teams has indeed led many bounty participants to the decision not to do bounties anymore. We can argue about the effectiveness of bounties, but not about whether or not a payment should be made.
indeed today many ICOs are scamming and making people who follow the gift feel sad about the current ICO situation. because ICo is not promising at this time like the previous ICO developments. so here more and more ICO enthusiasts are diminishing. because they are worried when they get a scam project.
If you are deceived by some fake projects then you can start a thread here on this forum and seek advise or help from the community. this is an open forum where every one can share their thoughts or opinion and even their expertise especially on tracking those scammers.
This could be a good idea. If the sale is still in progress, informing the community about scamming may result in good. But, if the sale already finished, this will only cause red trust. Besides, it is also possible to send complaint mail to the SEC. 
If you are deceived by some fake projects then you can start a thread here on this forum and seek advise or help from the community. this is an open forum where every one can share their thoughts or opinion and even their expertise especially on tracking those scammers.
it will help other users to not get the same fraud, but whatever you do will not be able to make your money back when it's deceived.there is no control so no one can freeze cheater wallet or address, they will still get your money
If I got deceive then I will research for that how did I get a deceive and i will find out the solution for that as soon as possible and I will give advice to those investors who are investing and doing the work on this project.
Most jurisdictions would punish scammers, but your hopes of recovering funds are ... well you better forget about it. The best thing you can do after being deceived is extracting the right lesson from the situation and never putting yourself in a similar situation.
It depends where you are and what options you have, but in a lot of the cases recovery of your funds will be hardly possible.
People who do experience about this should learn their lesson or else they never learn if they got scammed again.
Right because they can hide the funds or even if the police finds out a crypto address you still don't have the private keys to access it.
If you are deceived by some fake projects then you can start a thread here on this forum and seek advise or help from the community. this is an open forum where every one can share their thoughts or opinion and even their expertise especially on tracking those scammers.
well. good advice. well, the question is whether this crypto has a law? if there is already a law. meaning that this is a great way to eradicate fraudsters ico. Although the process may be quite difficult, such as tracking, but this is good advice in anticipation before the virus spreads. I want to see the deterrent effect for fraudsters ico!
the law is obtained maybe if the crypto currency is recognized by the state as a valid currency and can be used to serve a currency that has legal force in it
It would be very good if the developers of each project conducted public communication sessions through YouTube while simultaneously answering user questions. It would be very interesting to see such affordable developers and this would increase the credibility of the projects.
Most jurisdictions would punish scammers, but your hopes of recovering funds are ... well you better forget about it. The best thing you can do after being deceived is extracting the right lesson from the situation and never putting yourself in a similar situation.
It depends where you are and what options you have, but in a lot of the cases recovery of your funds will be hardly possible.
People who do experience about this should learn their lesson or else they never learn if they got scammed again.
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