Who is responsible for fraud projects. doesn't that cause a lot of losses and what punishment is worth.
What do you mean who is responsible, you mean the one that will run after the ICO proved to be a fraud, you can report it in the country where they are operating but it's better to report them while they are still in their ICO stage, because some of them are using fake profiles you will not know who you gonna run after.
you can report about ine project but there will be a few more so i think that it is necessarg of cpurse but you will not stop scamming like this