Post
Topic
Board Altcoin Discussion
Re: SCAM ICOs, what we can do?
by
Williams_Leo
on 31/01/2020, 11:23:43 UTC
Unfortunately, there have no way to punish them. They use fake identity. Many newbies fall in scam. We can ignore there project and Who promote scam project we can report them.
Yes, it would be great if you want to report beginners who promote scam projects, because that way can reduce the promotion of the scam project a little, so that no more victims are tricked by them.
Reporting phishing projects is a good thing, but with the cunning of these projects, we may not be able to find the gap and prove that they are providing fraudulent projects, even a lot of ICOs are operating properly and promising a lot for investors but until the final stages, capitalization was not enough and they suddenly became genuine fraud projects. Therefore, for fraudulent ICO projects, we still cannot solve them thoroughly, it is better not to invest in them, investing in listed altcoins is safer