Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.
I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
Without a doubt, before investing you should check that it is regulated and the founders have been KYC'd etc.
Yes, considering that you have done all those criteria's but the problem is how you create a rules that answers the problem of every investors rights. Because many of them have lost there investment capital without justice. The governing bodies should make a policies to runs those scammers and regulate the process of ICO.