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Topic: Why people are not fighting with post-ICO scams? (Read 988 times)

member
Activity: 361
Merit: 10
BIB Exchange
it may be very difficult to report to the police because in the world of crypto this is not legal in their respective countries so it is very difficult to sue the scam ico project and also the world is very hard and this might happen again and investors must be careful before investing at ICO.
sr. member
Activity: 840
Merit: 250
Because there is no point in fighting or the efforts made will be ineffective. Market ICO deprived of regulators therefore, this age is called ICO is scam.
jr. member
Activity: 518
Merit: 1
We have no option other than to watch them scammed and do nothing as no body controls over ICOs, no strict rules ever come for ICOs project.  They simply launch every time and people get fool by them and they simple got away with money collected. I think there will be certainly strict prohibitions in the near future as there is very bad reputation in crypto people over new ICOs as 80% of them continue to get fail or scam at current.  At the current time, it is very hard to find a genuine ICO now days.
sr. member
Activity: 796
Merit: 251
You are not exact correct mate, a lot of people fight for their investments and fight with scammers, however another part of people just don't see any point to do this and waste own time wich they can spend with much more profit.
sr. member
Activity: 584
Merit: 252
Precaution is always better than cure.In most cases people do not go through the road maps whitepaper etc etc and and blindly invest in something.even sometimes people don't even care to read the terms and conditions and unfortunately select I AGREE option and doing this 50% game over.many exchanges got hacked many funds stolen these are all part and parcel of crypto world.Its better to stay safe and do your own research before jumping into something new absurd shit projects.
sr. member
Activity: 1610
Merit: 372
I do not know where you got that nobody fights with this. Enough to go to Google and write the correct request as you will see links to a large number of both judicial acts and collective complaints. Over the past year, quite a lot of stolen money has been returned, unfortunately this figure cannot be compared with the amount of funds that have not yet been returned.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
Looking at the high level of anonymity in the crypto world , whom are you going to fight when you lose your monies. That is why it is stressed to be extreme cautious when doing any dealings.
Extremely cautious you need to be in any action that you perform on the cryptocurrency market. this is a very risky market
full member
Activity: 546
Merit: 100
Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?

Many investors are not silent, as you track down scammers, if they are hiding on fake accounts, kyc they do not pass. It is impossible to return the money in cryptocurrency. Let's believe there will be a solution in the future.
I was very hopeful if that would happen because I was also among those who were quite disappointed with ICO fraud.
but what I can do besides accepting it sincerely.

so hopefully soon there will be ways that can make the ICO better and the fraudsters can be arrested
full member
Activity: 966
Merit: 132
Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?

Many investors are not silent, as you track down scammers, if they are hiding on fake accounts, kyc they do not pass. It is impossible to return the money in cryptocurrency. Let's believe there will be a solution in the future.
member
Activity: 462
Merit: 13
Looking at the high level of anonymity in the crypto world , whom are you going to fight when you lose your monies. That is why it is stressed to be extreme cautious when doing any dealings.
copper member
Activity: 448
Merit: 14
Some large investors are struggling with fraudsters in their not entirely legal ways. They just hire guys who find these scammers and take tough measures to get their money back. In general, these scammers are responsible for their actions, regardless of whether they want it or not.
member
Activity: 336
Merit: 10
A lot of people wish they could do something in order to get their money back but how??
There is no known way of getting the money back. Afterall, most central banks in different countries have issued a warning statements against cryptocurrency
full member
Activity: 1498
Merit: 146
You are so vain so say a very large number of people are trying to deal with it, but as usual this is not entirely successful, simply because today scam projects have learned to very seriously disguise themselves and bypass the laws.
There is no law for ICOs only the investors need to get more wise of they want to stay away from scams.
legendary
Activity: 1302
Merit: 1037

I  think ICO will need some regulation,  problem that a lot of ico comes without any audit before sales. But in the end all be fine, there are more and more company which run they own rating of the ico to help investors made a good choice.
It will really be very difficult and almost impossible to regulate ICO as they operate in a decentralized system that has little or no involvement of government in it and even when government gets involve, they still get involve is a decentralized system, so there is little to which anyone can do to control the scam in ICO.

The best is for every investors to stop paying attention to ICO projects and gradually start diverting their attention to IEO, especially those that wishes to invest an amount they cannot afford to lose, at least with IEO, it is absolutely an new opportunity for all investors rather than simply fighting and blaming about ICO scams.
sr. member
Activity: 728
Merit: 252
You are so vain so say a very large number of people are trying to deal with it, but as usual this is not entirely successful, simply because today scam projects have learned to very seriously disguise themselves and bypass the laws.
sr. member
Activity: 840
Merit: 250
personally i'm really interested in this question too. ICO leaders put their real information in description of their project. Call the police then!
member
Activity: 530
Merit: 10
Revolutionizing Crypto Payment Solutions
Bureaucratizing a market that was born to provide or ambition for freedom is a bit illogical. In addition, numerous people who participate in ICO know the risks and invest by learning what they are doing. If there are lay people who invest in something unknown, it'll be necessary for them to review their concepts. Another point to consider is that who doesn't care about the money invested is because it has large amounts or because if you report it maybe it'll be sought as well.
they already know the risks that will occur so that if something bad happens they may have resigned and will not look for the culprit.
if in a country that does not allow Crypto, they will not investigate the incident, because it is my own risk and that is in my opinion.
maybe in the future if there are updates and changes so if there is fraud or something else there will be a way or tool that can detect bad people.
member
Activity: 316
Merit: 21
Bureaucratizing a market that was born to provide or ambition for freedom is a bit illogical. In addition, numerous people who participate in ICO know the risks and invest by learning what they are doing. If there are lay people who invest in something unknown, it'll be necessary for them to review their concepts. Another point to consider is that who doesn't care about the money invested is because it has large amounts or because if you report it maybe it'll be sought as well.
member
Activity: 392
Merit: 21
Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?

It's not so easy
scammers are studying every step they take and often have legal experts drawing their steps
In addition, there are no laws governing ICOs in many countries
You need to check before you deposit your money into any project.
jr. member
Activity: 518
Merit: 1
What can people do when they implement a fraudulent project? It is necessary to regulate the scope of ICO's activities to combat scam projects
I think few people are already involved in the ico , most people have moved to iso or sto , it seems to me that the ico is now better not to invest at all and get around
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