You were supposed to do your own research. Bittrex's terms were completed.
If an exchange is holding an ICO for a scammer..it's their fault. Once Fincen kicks in..it'll all be taken care of. Regulation is another thing that would help keep people away from scammers like these.
it wasn't a scam until btc was sent, how could bittrex have known it was a scam. if those that knew it was a scam why invest in the ico
the only blame you can put is on the dev
Right but that means Exchange isn't taking enough interest in whether the Dev is legit or not. For example..do they have ID proof of the dev, do they have residential address, did they have video chat to make sure he is who he says he is...what happens when dev run away with the money? How do you protect investors from scammers like him?
It's not the law that's why it's not being done. It's ruining crypto.
coinsource did all that, if dev did not provide those info then no one should have invested. today POD has been let down too. the only i thing i find stupid is what is the point of coinsource getting the id of the developer when they will not share it in a event of a scam, because they say if anything happens to him they would be liable.
again bittrex is not to blame, if they knew it was a scam they would never had added it. coinsource did verification they should release the details so the investors who invested can put a bounty on his head.
somone should make bounty coin for thieves