Post
Topic
Board Altcoin Discussion
Re: Why do people believe and invest in fraudulent ICO?
by
Pontorez
on 10/01/2019, 04:46:59 UTC
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

I do not think that someone purposefully wants to give their money to fraudsters. It’s just that many of us lack the knowledge and luck to avoid such deception. Therefore, I believe that the ICO market today really needs certain principles and methods of regulation in order to minimize risks for investors.