Quote from: Lawrenzoo on May 04, 2019, 06:39:23 AM

I woke up this morning and just wondering how i can be of assistance in this race of making the ICO clean, because ICO is not what is bad, the scam being done is what is making ICO bad.

So let us pick it from this point, a scammer draft a whitepaper to get people's attention, innocent investors pays money to the scammers through Ethereum address, the scammer gets the transfer into his own wallet, he then transfers it to another wallet on a local exchange that will convert it to FIAT and transfer it to the scammer's traditional account.

What if we trace it from here, at least the account was transferred to a wallet, Local exchanges should be able to scan through their database to see the bank the scammer transferred the money to when he requested for withdrawal, at least investors knows the address they transferred the money to, which can be disclosed to exchanges to use for further research.

To make my point clearer, let me use an example, MR JOHH has ETH in is abc123 wallet, i asked MR JOHN to transfer money to my account from his address, the token from MR JOHN abc123 wallet landed in my wallet address abc700, and then i transferred it to the wallet address of my local exchange abc800 which is LUNO to chnage to FIAT and transfer to my account, LUNO should be able to trace my details to my bank since they have my KYC done already and since the receiving bank too has the details. i.e abc123 to abc700 to abc800 to scammer bank, bank to be contacted throug legal means to disclose the scammer information for authority to use.

You need proofs first to sue someone, and that whats the banks needs for them to give the personal informations of the owner of the bank. There are lots of things to do and crypto scam investigations are way harder than normal money laundering scams and frauds. If the banks are being played, then it could mean that any information you wish to acquire from them are certainly not possible.