It is good to report any fraud projects or fraudulent exchanges, this help us to avoid projects and exchanges like this, but should include also the proof of this is a scam, this is a fair for the both side.
There are so many scams, we saw a lot of many reports and we should also learn from that. IEO is new but its also a good place for the scammers, this is why i dont participate on not listed coins. Have to be care or else lose money, thats the worst result if you invest without any care at all, be a good investors.
well i agree with you, reconsider before investing anywhere be it IEO, STO, ICO etc. in this case we have seen many good projects but ended up with fraud, IEO is one of the new project programs but you also have to be vigilant because of scamers Will not stop to deceive investors, scamers are always around us.