This is big news.
But when it comes to the ICO scams and the future of the project, it all comes down to us, the investors.
Don't get me wrong, but if you are not doing your proper research and have a certain understanding of blockchain ( its fundamentals and ideas behind it ) then, of course, the investment will fail. You need to understand the story, idea, project and how it will work. Also there are certain websites ( I will mention NONE ) that can provide us with certain risk analysis and predictions. Fundamentally, remember, ICOs are a risk, but if you do your due diligence, all will be safe and sound.