I see a lot of fake ICOs that are on this forum and have taken a lot of casualties.
many investors lose their money.
they offer tempting benefits but in the end they cheat and it's clearly against the law.
how can they get away with this forum and this will make crypto electability destroyed.
sometimes I ask whether there is a legal legal umbrella to protect investors where they complain and whether there are legal sanctions for those fraudsters.
and I want to see your opinions and solutions about this.
Casualties should always have themselves to blame most of the time as they failed to do proper due diligence before deciding to actually invest in the first place. That is one problem we have always had in this space, people who tend not to want to do the needful to at least be careful of what they are getting into before eventually getting into it.
For anyone who wants to face reality, they should understand that whitepapers can be cloned and with that being said, what is important is to always check out the team as well as MVP before even making an attempt to go reading some whitepaper.