Post
Topic
Board Altcoin Discussion
Re: Why people are not fighting with post-ICO scams?
by
Irvinn
on 30/03/2019, 05:28:43 UTC
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?
Fraud in any state is considered a crime. However, there are a number of difficulties. ICO fraudsters collect money from investors all over the world. The first difficulty lies in the fact that the local police cannot do anything directly with such scammers. You must first contact the police of the country where these scammers allegedly were. This may be the case if between these countries there is an agreement on cooperation in law enforcement. If not, the police must act through diplomatic channels. All this takes time. Further, it may turn out that the scammers were not in that country, They could even migrate to different countries. In general, it is quite difficult even if the police work quickly. In addition, crimes related to the Internet, it is very difficult to prove.