Topic: Why people are not fighting with post-ICO scams? - page 5. (Read 1047 times)
Because cryptocurrency is not law in most countries of the world. If you invest in an ICO, it is only at your own risk.
There's no point crying over spilled milk with crypto anonymity, whom do you know from those projects which you can hold accountable for the scam? With all this, you move on and forget about the lost funds hoping you can recover it from other projects that ain't scam.
I don't think it's easy to fighting with ICO scams, investor are not silent, they don't know how to do, that's not easy to get back our money, tried to check bitconnect ponzi scam and the latest one is Athero, team silent after ICO and don't have post within 1 month, they told us go to vacation, but seem like is exit scam, I don't think mercatox exchange will help investor caught them. Arrest them ? ... not easy than as you think.
That's definitely true, it is difficult to track ICO scammers, since we are not aware if it is there real identity and there exact location. Calling any SEC or authority is not enough to track them and if recovering our lost money is also hard to do as long as crypto is behind it. The wise thing to do is not tolerate yourself to invest in a project that has no potential to grow. By doing this, we should first look for their whitepaper to evaluate the feasibility of success crowdfunding. Then join their social media sites, join in telegram to interact with the team to find out what is there real motives and also educate yourself for positive and negative aspects. Quote
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?
some invertor try to get money back but not calling police or go to justice office because they country dont have rule about cryptocurrency, so police can not do anything when don't have forbiden rule about ico. Investor only have PM Manager ICO and CEO and actually nothing responsblity Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?
The fact is that cryptocurrency does not have legal status in all countries and problems arise for this, people also simply do not understand how to return their funds and I believe that this is the whole problem of the market today.
I think investors are trying to fight. But it's not that easy. However, many investors are trying to find the actual profiles and locations of these people by conducting after the long research. In addition, many investors share these fraudsters informations on social media for that new investors not trust them.. That's why I believe they've done their best.
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?
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?
Most, if not all, of the scam ICOs are using fake names with fake pictures and profiles. So that's gonna be a little harder for the proper authorities to track them. Well, there are now a good number of people who are tried and jailed for their scam ICOs. But still, scam ICOs are scattered everywhere. Here in this forum alone, they comprise the majority. And, sad as it is, the people here seem accepting that fact without reaction already. It becomes normal, after all.
Of course, fraudsters diligently evade responsibility, and they are not easy to find. They are also problematic to attract due to the shortcomings of the judicial system of the country. And investors understand that this is a waste of time without guaranteeing results. And this is probably taken as the result of insufficient study when choosing a project.
What made you say that they are not? Is it because investors going after fraud ICOs do not post here?
There's a reason why we see news from time to time about SEC going after certain ICOs.
Systematically the SEC can tackle it but legally, they might not be able to tackle the scammers, the best SEC can do is to create a system that will tackle this and proffer solution, it was as a result of this that they came up with STO which can only guard against future investment since ICOs has already defeated the purpose of IPOs.There's a reason why we see news from time to time about SEC going after certain ICOs.
It is now left for us investors to take the proffered solution or continue to fall into the scams of ICOs that they have no control over. The only challenge we will encounter is that ICOs might begin to lose relevance since people can no longer trust the system.
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?
The simple reason for not seeing a collaborated effort from investors to counter these scams is simply because it is a global platform and investment comes from different jurisdiction and you really cannot collectively file a complaint when you are scattered around the globe. The only thing you can do is to spread the awareness on the risk before investing in anything concrete. 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?
Because there is no regulation about ICOs and the token we bought is not an investment instrument. I think police can not arrest people who involve in scam ICOs because there is no government regulation
Swindling other peoples money is a crime whether it is regulated or not. Even if we want to fight them, how we going to get our money back. ICO is not legal and there is no easy legal way we can bring them to book. Even most ICOs won't vanish after ICO, they will prefer maintaining the community without developing their roadmap as it is expected of them.
Because there is no regulation about ICOs and the token we bought is not an investment instrument. I think police can not arrest people who involve in scam ICOs because there is no government regulation
Even if we want to fight them, how we going to get our money back. ICO is not legal and there is no easy legal way we can bring them to book. Even most ICOs won't vanish after ICO, they will prefer maintaining the community without developing their roadmap as it is expected of them.
Many countries have not adopted a law on cryptocurrency. This means that it has no legal force in the state. So you can't do anything here. Just need to be careful and attentive.
Why do you think that people do not fight? I think that we are fighting, but the main thing today is that we need to understand that the number of projects is really growing, namely, the projects that are constantly trying to raise money today.
Many people struggle with fraud after the end of the ICO, but their strength is not enough to win. Need help from the state - the creation of a legal framework in the field of cryptography.
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?
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?
The thing is many countries dont have regulations with ICO's and most of the ICO team are not really who they are they were just using fake profiles and names and that is the reason why many people are afraid of passing KYC because it might be use for illegal purposes.
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?
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?
Everyone stays silent because there are no regulations or rules in this investment option field. No one could do anything, especially for the past, for various reasons, such as the fact that no country has banned these projects and has not made any regulations. Although some countries have introduced some rules and laws to prevent investments in these projects in recent years, there are countries that have not yet adopted any regulations, laws or laws. In other words, we cannot seek our right by law. Most of the people, even for all of us, can't hear our voice.
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?
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?
Why do you think so? They are trying to fight! But think by yourself what they can really do if there is still no regulation in this sphere. Everything that we are witnessing is just some pathetic attempts in few countries to apply kind of regulation...It's not enough to sue scammers, to engage lawyers, police and so on. Besides very often it's investors fault that they being too greedy decided to throw their funds in another scam story not having made enough investigation and analysis of the ICO and the project...
People oppose the scam ico so there are sites that see what and how the scam ico is also a telegram group whose contents are scam projects. those who propromote and invest in ico scams are often novices and have little knowledge of cryptocurrency so they are often victimized by scammers.
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?
You can't tell that they aren't fighting for it especially if the sake here is about your own money, I've seen more scammed people are doing the investigation and so on. So that they will achieve the justice that those scammers need to be put behind bars and I've seen some scammers have been jailed and they deserve that thanks to their real profile and the evidence that those people who get collected in order for him/them to put behind bars.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?
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