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.
For now there are no global moderators for ICO which regulates those who scams people. Only the investors are responsible for their loss. Since cryptocurrency is decentralize, there's no need for us to assign entities to regulate it. All we need to do is share the link of the site in the forum and inform our co-users to not invest in this. It will really help but one has to suffer experiencing the scam.