Post
Topic
Board Altcoin Discussion
Re: SCAM ICOs, what we can do?
by
Asuspawer09
on 20/12/2019, 16:26:52 UTC
Hi, recently so many past-ICOs turned into a scam or a deadcoin.
Is there anything what we can do to punish them? More than 2 years ICOs are scamming us and still people are investing, is this really a world what we want to create?
I think we could easily charge them since it was against the law a lot of ICO's are just small company probably about 15 people only and just using their laptop they probably don't even have an office if they are already planning a scam ICO surely all of the details and locations are just all fakes even picture just comes from the internet. But the thing is the investment came from all over the world and if you are from other countries if it almost impossible to charge them or else it is going to be expensive and surely they are hard to find. This is the reason why ICO's advertisement get banned on facebook since a lot of them are just scam. I think we cannot do anything from them since we don't have any international law or anything on the internet what we could do is just warn the investors if we know some project is a scam.