Some coins host an IPO for a coin, and release the coin, but never use the funds to develop it. Is there anything that can be done for this?
For example. SysCoin did an IPO, but I doubt we will see any developments from them. So can they be legally challenged to refund the money?
Or releasing the coin , frees them from any liability ?
Nope
but i hope there is someone or organization can do this
it's very important to keep everyone who want to invest into the new coin
and if something happen, just call them