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.
Well, there are a number of ICO projects who were filled in the court for the attempt to scam the investors and most of them are behind bars currently so it makes us feel more secured. As those projects used their real identity so it made easier to catch those project owners and file a case against them but yet there are thousands of scam projects who have ever revealed their real identity and it makes them anonymous and hard to catch.
Perhaps the same scam ICO owners might be re-launching a number of projects to scam the investors by using a lot of advanced techniques which makes it a lot difficult to catch them and file and case against them. I personally was speculating bitconnect and the owners of that specific project were held in court.