many devious and mischievous developers who want to earn money by cheating, this is a crime in the ico project, and we must be really mature when investing in ico.
Of course, all this comes only from the fact that in many countries today there is no legislative basis for the proper regulation of cryptocurrencies, because today cryptocurrencies and operations with cryptocurrencies in a neutral state. I think this is all for this reason.
The legal framework is unlikely to control the quality of ICO. The maximum is the control of cash transfers when withdrawing money from exchanges.