Yes and still there are not solution for anticipate ICO become the new way for scam the investors
because there are not rules about that,
even the exchangers they can not do anything if the developers of ICO become scamers
must there are agreement between the developers of ICO and exchangers about this problem.
Some people do a huge amount of work to help the community with filtering out the scam projects.
For example, icorating.com, smithandcrown.com
Well it is good, there are people who care about this problem, unfortunately there are not place for manage the projects and if they are wrong in filtering the developers of ICO still can go away with money investors
still there are not punishment for them.