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.
I don't know if you'd count Bitconnect, but that is one.
There is really a lack of accountability when it comes to ICO investments in the cryptospace, though. A lot of scam ICO operators don't face legal repercussions ever because of the fact that they have disguised their tracks and registered their operations in some obscure country outside of investors' jurisdictions or simply not be regulated by anyone.
Ponzi ICOs like Bitconnect do get taken to court because of the sheer amount of affiliates that are public figures, like Trevon James.