Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
In my opinion, the best feature of blockchain based economies and this crypto market is it allows people to stay anonymous. That is why this ecosystem is really very open to any kind of scams and frauds. We should be aware of the risks of this ecosytem and try to protect ourselves individually. there is no any regulation that can protect people not to be scammed.