Yes, it is very sad, but practically all ICO is SCAM. Swindlers don't want to do the projects, they want to deceive only the investors and to disappear. Because of it at ordinary people the trust to cryptocurrency is lost. Therefore it is necessary to be very attentive at ICO choice.
At the early stage where regulation is not that clear, you can expect lots of scam but this market will survive and we will eliminate scams over time.
We do not need to pressure the government to make regulations because they will be the one who are willing as they see big money in crypto.
The best we can do to be safe is to be smart and that is making ourselves of the risk in crypto.