Definitely the developer is responsible for any scam that happen in any project even if the wallet got hacked , they only have intention to collect the investors funds and run away which is bringing bad image toward the technology and many are concern about the way this should be tackled,
Many raised enough to has good product but because of the scam ideology they refuse to give back to the society and I think the etherium blockchain need some restrictions for smart contract on funds issue.
Topic: who is responsible for the scam project - page 13. (Read 26222 times)
Who is responsible for fraud projects. doesn't that cause a lot of losses and what punishment is worth.
of course it worth punishment, everyone just can't wait for the day when scammers could be detected and punished. banned at least. i am sure the system will be worked out quite soon I think that it is not easy to find those people who organize scam projects but why do they do this? Everything is simple. They want to earn money and that's why being not very fair they create scam projects
Due to the fact that there are a very large number of scammers on the cryptocurrency market today, I already doubt those words when they spoke about the decentralization and security of cryptocurrency users. 
It is punishable by law, as long as the project is proven as fraud and scam.
The people behind the project will be in jail and will face large amount of payment.
I hope there will be no scam anymore in this community.
yes you are right, the members in the project will be punished or jailed for cheating and harming many people. it is very difficult to eliminate or avoid project fraud. when we choose a project it all depends on our luck. The people behind the project will be in jail and will face large amount of payment.
I hope there will be no scam anymore in this community.
It is punishable by law, as long as the project is proven as fraud and scam.
The people behind the project will be in jail and will face large amount of payment.
I hope there will be no scam anymore in this community.
The people behind the project will be in jail and will face large amount of payment.
I hope there will be no scam anymore in this community.
I think that it is not easy to find those people who organize scam projects but why do they do this? Everything is simple. They want to earn money and that's why being not very fair they create scam projects
Who is responsible for fraud projects. doesn't that cause a lot of losses and what punishment is worth.
Of course, the ICO team must be responsible for fraudulent ICO projects, depending on the degree of their guilt. However, at present, cryptocurrency is not yet legalized in most states, and ICO projects do not have proper regulation and verification of the team for the possibility of fraud on their part. In addition, this crime is very difficult to uncover, since it can be committed simultaneously in different countries, and criminals can quickly migrate from state to state.
Person himself is responsible for the scam project joined by him.one must be vigilant at the time of joining the project because instead of joining too many projects with scams join less projects without scam that will be more worthy. thanks
Now it is more difficult to hide from punishment for fraudulent ICO than before. I even participated in one project, the CEO of which was arrested by the SEC
A lot of people 
The first people, that are responsible for failing are the team members and the developers. But I think the investors and the bounty hunters also have a slight influence on scam projects. If they can make an investigation and recognise that the project is a scam, maybe less people would be effected.
The first people, that are responsible for failing are the team members and the developers. But I think the investors and the bounty hunters also have a slight influence on scam projects. If they can make an investigation and recognise that the project is a scam, maybe less people would be effected. 
of course the development team in it. usually they disappear from any group, whether it's telegram or in the thread bounty itself. unfortunately the crypto industry has no legal power, so that all forms of fraud cannot be handled by the state law.
One thing when it comes to identifying scam project is to always take a good look at the team and if from your thorough scrutiny, and I will reiterate that; thorough scrutiny, you are able to see if this is a team with which you can really be entrusting your money or not, then, that would go along with the decision you will be making eventually. This space is unregulated, and we get to see a lot of people doing as they please, and a lot of inexperienced investors getting to become a victim, so in a way, you should be asking yourself as an individual what the experienced investors are doing that you are not doing.
of course the development team in it. usually they disappear from any group, whether it's telegram or in the thread bounty itself. unfortunately the crypto industry has no legal power, so that all forms of fraud cannot be handled by the state law.
One thing when it comes to identifying scam project is to always take a good look at the team and if from your thorough scrutiny, and I will reiterate that; thorough scrutiny, you are able to see if this is a team with which you can really be entrusting your money or not, then, that would go along with the decision you will be making eventually. This space is unregulated, and we get to see a lot of people doing as they please, and a lot of inexperienced investors getting to become a victim, so in a way, you should be asking yourself as an individual what the experienced investors are doing that you are not doing.
Now there are a lot of fraudulent projects, of course those who are responsible for the team involved in the project, usually things like this have been planned by the team which aims to deceive investors, of course they have to be in law as heavy - ask for what they have done
I think those who have to take full responsibility for the scam project are the CEO and the entire core team, the appropriate punishment for them is about fraud, investment fraud, and ITE network and technology violations. maximum in my country I was sentenced to 15 years in prison, and fined around 1 million USD. in some countries have different laws and regulations, it's just that in my country it is very difficult to make complaints because the ITE law is less developed and difficult to monitor because the technology is still limited
There is a lot of scam project these days so it's up to you to join if you don't want to take the risk and get scam then don't join. Crypto is all about how you take risk on your investments and how you will handle the situation. when it comes to scam issue. The person that has to be blame are the people that are greedy like the developer and the team the make the project to be successful but in the long run they will run away and get your investment all the profit that you want in that project. So that's why it's a scam dev run away and all you have to do is nothing and you want to kill or assassinate that person behind it.
If a project is not legit , without any use case the main responsibility is on the team, but all others who take part in
advertising it are responsible as well. This is why we need regulation on ICOs to make the rules clear for them.
advertising it are responsible as well. This is why we need regulation on ICOs to make the rules clear for them.
Only bounty hunter or investor responsible for their time and money for investing in ICO. Unfortunately, nobody regulate work of developers after ICO.
I believe that people who organize and conduct fraudulent ico are responsible for this. Those who were deceived are victims of fraudsters. As for punishment, everything is very difficult here, since it is practically impossible to find these people, as they always use fake names, accounts and photos. All this of course is very bad and currently has no solution. All that remains for us is just to be smarter and more careful when choosing one or another ico.
for scam projects i think that definitely it is because of bounty hunters and also i think that we lay a huge role as users also we have responisibilities and we have to be careful.
Who is responsible for fraud projects. doesn't that cause a lot of losses and what punishment is worth.
What do you mean who is responsible, you mean the one that will run after the ICO proved to be a fraud, you can report it in the country where they are operating but it's better to report them while they are still in their ICO stage, because some of them are using fake profiles you will not know who you gonna run after.
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