Quote from: inanilujimi on January 14, 2020, 01:29:10 AM

Quote from: o48o on January 14, 2020, 01:05:50 AM

Quote from: Maslate on January 13, 2020, 11:41:36 PM

I saw some of the scam busters in the forum talking about taking the case to the court on scam ICOs, my question is, is it really happening.

Can you give me scam ICO that was already taken to the court and teams are being punished?
I know about Centra.. so give me others.

Not all of them obviously, the high profile cases when there's lot's of money involved. Envion mining comes in mind for starters. They really should make some hard example cases to scare the people who could try those again.

Envion is the biggest scam project but I did not get the information that the team and their founders received the right sentence (prison), whether this was just to frighten or not, obviously every country has different rules regarding crypto.
But with the punishment that has a deterrent effect, I personally believe the crypto market will get better.

If they are indicted by SEC they might be under investigation while they are also in court. SEC spend so much in investigation before prosecution, this could allow a longer period of court case. Every system is corrupt and I dont think SEC has the kind of integrity we demand. There are case where investors are refunded and case while SEC is settled out of court.