Post
Topic
Board Altcoin Discussion
Re: between whitepapper and reality
by
South Park
on 13/10/2018, 18:10:33 UTC
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.
The market is mostly unregulated so it is going to be impossible to offer some kind of solution about this, people can get away with all of those scams not only because of the lack of regulation but also because most of them never revealed the real identity because they use fake pictures and names to promote their ico, so any attempt to find them is going to be a lot more difficult because you do not know who they are.