Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?
The simple reason for not seeing a collaborated effort from investors to counter these scams is simply because it is a global platform and investment comes from different jurisdiction and you really cannot collectively file a complaint when you are scattered around the globe. The only thing you can do is to spread the awareness on the risk before investing in anything concrete.
Because there is no regulation about ICOs and the token we bought is not an investment instrument. I think police can not arrest people who involve in scam ICOs because there is no government regulation
Swindling other peoples money is a crime whether it is regulated or not.