It really is hard to believe that there are some ICOs who are intended to scam people. There are all hypocrits and rely on the weakness of people especially those who are new to bitcoin. So sad.
Scammers are the biggest challenge in the crypto world. They are destroying the reputation and trust of people to ICOs. Many good ICOs are affected by these scammers because less and less people are investing in projects. These people behind these scam ICOs are psychologically disturbed and financially thirsty that they will do anything to easily get rich.
These scammers are cancer in the cryptoworld Hopefully there will come a time that they will no longer be accepted in the campaigns and the authorities will be able to filter those legit ICOs.