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Who is responsible for fraud projects. doesn't that cause a lot of losses and what punishment is worth.

Fraud projects are done by people whoi targets to con the unaware investors. It is very difficult catch them. So, what punishment they derserve should come only after they are caught.

I think it's all some guy named Jeff. Jeff puts together all the scam projects. Go away Jeff you're not welcome in the crypto space anymore!

the person in charge of the project that is a scam is his own party and the punishment has also been in this forum, so they must be worthy of receiving it because it has caused a lot of loss to other people's time.

If you know where from the project come from and you can try to advise someone from that country to take a legal action against these scammers. That's the only way that you can take as the best decision.
Remember this has been tried by so many people and it's working dude. just like centra and any other old scam crypto.

the one responsible is yourself, because investing in ICO must take the risk to get a scam, so we must choose the right ICO before we invest in the ICO, because there are no legal rules about investing at the ICO, so in my opinion the law will not be able to help us for return our money.

I do not know about you, but in my country (Ukraine) fraud, that is, the seizure of another’s property by deception  or breach of trust, is also a criminal offense. Therefore, when contacting the police, it should conduct an investigation into the fraud. Another question, you must cite the facts that there was a fraud and that the statement was not false. However, such crimes are very difficult to investigate because everything is anonymous and connected with many states, and bureaucratic formalities even in the exchange of information between states take a very long time.

First, we can blame the bounty manager whol handles the scam project that is created, second, blame the Team and make their project fall before it is believed as true by many. Scam projects basically, is difficult to filter. Once we understand its transaction further, do an act early.

no party will be responsible if there is a Cryptocurreny-based investment fraud, why is that? We all know the risk of Cryptocurreny investment is very high for fraud, you should have been able to accept the risk since the first time Cryptocurreny investment

No one is responsible, and no one has yet been punished. And isolated cases are more likely an exception, so take care of yourself, your nerves and your capital.

Everyone has a role to play in these scam projects. The project's team who are unethical, bounty managers as well and bounty hunters who are responsible for the mass advertising on social media platform. And it's our collective to help reduce it as much as we can.

in my opinion, users are responsible!

the scammers scam. that is their nature. you can't change that. but when the community and the users are giving them the chance to scam them that means they are responsible for their existence. otherwise if people stopped giving their money to obvious scammers such as these ICOs that came out every day last year then they wouldn't have become this big.

the one responsible is obviously the one who deceives, I think the proper punishment is blocking the account, but sometimes the blocking can be bargained with money. that's human moral at this time

That's right, no one will be responsible in the world of Cryptocurrency, everything is anonymous. No party can filter the sustainability of digital money to date. Before you join the Crypto world, you must read government regulations about the crypto world. That the risk of fraud, hackers, and losing money from the crypto world is a risk borne by the users themselves.

Everyone connected to the project is responsible mainly on the teams. Nevertheless, an individual should be aware and know what he is doing especially the investors; a proper understanding about the project before putting money on it. We should not trust them easily because we know that scammers are evrywhere.

IMO all this time I have never found a thief admitted what they have done. If you scammed by project or someone, back to you. Investing is have a big risk, should carefully before join in. Like he said, Team who was connected to project is responsible, but we can't do anything if he gone from the project.

The most important cause is people's ignorance and stupidity, hoping to get thousand fold profit and feeding the scammers.

some groups of people are constantly doing damage to the crypto community by scamming people's hard earned money.  they will launch a new project with attractive offers to investors that will purchase ico.  after ico is over, this group will then run away and get ready for next project.

governments may interfere with this doing and will usually go after the masterminds.  but bad guys are usually careful so they are hard to get caught.  but if the prize money pot is big enough, the government may exert more effort to try and catch these guys.  there are some who got caught but money isn't returned to the investors.

Many scammer are cheater they take the work of others , if we are wise we can stop them will wont give chance to them , many scam project people keep participating but they need to study well before they participate in any project. Let be wise

There are many scam projects now a days. There must be proper regulation for ICO's to avoid scam projects. let us wait if some regulations comes.

When you're getting into any sort of business there comes a chance of falling victim to things such as scams, fraud etc. It is our job to take the time in learning about the project we're investing in, all the bits of information needed to make a decision. By doing all of this we can hope tp avoid becoming the victim of scams or fraud.

of course no one wants to be a person in charge, especially for managers, the problem lies in how much the manager accepts his job. this is where quality is at stake

Will in my own thought the main responsible for the fraud project are the bounty manager because they are the one capable to know and to filter the project  if its a fraud or legit,otherwise we also as a bounty hunters have an obligation to aware,before we participate the new development project ,we must research and identify so that we could not undergo to scam project.

There a lot of people who take advantage of new in cryptocurrency since they will just spend money without reading anything or do research about the team, roadmap and copied whitepaper from other projects.

And it cannot prevent since there is a lot of people who are really dum*,they just spent money without knowing it will be lost forever.

The only existing responsible in this cryptocurrency space is ourselves. We all know that this is an anonymous place where every project could be hiding as a fraud. It is our responsible to invest what we could afford and it is not the project's fault whether they would succeed, fail, or scam us.

The only responsible is the one person who create and manage a scam project, the worth it punishment for them is go to jail atleast 15-20 years, thats why we need to do our own research before to invest and support a one project to avoid fraud projects.

Definitely, scammers are those responsible for the scam projects. They will make a group of team members which will be organizing a fake group but it may look legitimate. This ICO may contain a project platform that will look real to the people and see to it that the whitepaper should be properly be established. In the event where scam ICO's have the content just like a legit ICO, many people will still be scammed by these people. I would suggest that before an ICO will be operating to this forum, it should have to undergo strict screening process such that these scammers may no longer continue to fool people.

Benefits drive fraudsters. Desire to guide novices. Sometimes novices are easily attracted to the market. So being deceived, you need to be careful. Don't be led by others.

So? the person who created the project is innocent?
Then the biggest investor is guilty. The person who gives advertising expenses to earn easy money is guilty ^^

for now, I have not seen anyone responsible for fake ICO projects, if anyone is responsible I think everyone will be happy with it, everything goes because of mutual trust with each other. So we must be careful.

The state where the scammers have to punish them, it is an economic crime, fooling thousands of people. I wonder why they can't be caught in our age with such advanced technology.

That is the same as asking who is resposible for robbing a bank. Normally, the scammers are responsible, but I would also point out that people that throw their money to scams without DYOR are responsible.

        Fraud projects are being devised by some people who want to fool people, displaying the crypto market as unknown investors. No solution has yet been found for the initial discovery of SCAM projects. We still can not talk about the discovery of people has devised those projects, much less their punishment. Hopefully the crypto market will come up with solutions.

If you look at the situation as a whole, it looks like no one is responsible for fraudulent projects!)

well you just asked a funny question. who knows who is repoonsible? do you know any of this guys? there is no answers to that, thy can be right here with us

The team of an ICO is responsible for this. If an ICO has failed to meet their soft cap, it can be only the fault of a bad marketing. But it could also be the market and the lack of investors, that are ready to risk their funds on such a market.

What do you mean who is responsible, you mean the one that will run after the ICO proved to be a fraud, you can report it in the country where they are operating but it's better to report them while they are still in their ICO stage, because some of them are using fake profiles you will not know who you gonna run after.

obviously the persom who started it and twho had the idez od it in the first place; i hage no idea what to do with scammers

you can report about ine project but there will be a few more so i think that it is necessarg of cpurse but you will not stop scamming like this

there are a lot of peopel whk are responsible for scam projects and i think that it is impossible to cat h them all not right now

yes you will not stop scammers like this buf you can stop one of them and if we cooperate our efforts we can achieve good rwsults

Scammers are. But in every project probably different scammers.

And some are probably getting punished if they get caught. Others are buying lambos.

I don't think that there is anyone who can answer that question - It's a relatively difficult one and we are all going to debate, assume all day but what I have noticed is that scammers are surrounding us- scammers are people who are lazy and they just want to benefit from the work of others. Scammers just look to earn money they slightly worked for - they just want to take people's hardly earned money without thinking of the consequences. I have been scammed several times and I am writing this from my personal experience - and the fact is - no one knows who is responsible for all the scam projects. If you want someone to blame...probably the perfect candidate will be Satoshi Nakamoto for inventing the blockchain.

Nobody doesn't know whether they are fake people are genuine people, everything seems to be perfect but after rasing, they will become cruel and start cheating people without any developments. Each government should come up different solution for the ICO's.

It could not be good if we were pointing each other besides we must learn to absorb our responsibility as bounty hunter if not we must be vigilant to find scammers , once found a scammer just report moderator .

Crypto is a very profitable industry, but it has many risks too. A scam is one of the scariest risks here, so that's why a research is a very important thing which has to do before investing. Who is responsible for it? I think the most responsible part here is yourself.

First of all we are responsible if project have fake team or no team at all and we participate in it! There is a good topic started by bryant.coleman about this https://bitcointalk.org/index.php?topic=5050009.0 , there are a lot of people who should held responsible and a lot of steps to prevent scams by team, managers or promoters of some project!

Scam is everywhere nowadays so we are responsible by itself to protect ourself through scammers,.so be prepare and be observant.

You are the one who responsible for your fault, cause for today the ICO market is not regulated by law in many countries and scammers know about it...

Nobody. ICO area isn't regulated by any laws and I think it won't be regulated in the nearest future

fraud project usually running with fake identity, don't waste our time to track them because that not real identity and they don't care anymore to responsible

In most cases, and due to the lake of regulations scammers projects don't get any punishment because people who behind the scam projects is unknown and don't have reality life.

Founders of course. Many projects that are aimed to scam(but those who didn't expect to scam, but things got wrong - also) don't work enough on different paper in genre of "Terms and Conditions" and if investors cooperate and write collective complaint it may have result. Of course only in that case if project has real names behind it. And it would be better to provide all actions within one country.

Anyway cryptocurrency legal system in those countries where it exists is not perfect, it will be difficult process to bring fraudsters to justice.
It is better to prevent it by not investing in such projects :)

Personally, I think the intelligence services have whole departments of well-funded tinkerers working for them, creating projects purely with the intent of scamming people, or more importantly BLACKWASHING crypto in general.

I'm not saying they are behind all of them, but a good portion.

There will always be scammers, but some of what is happening can only be described as the behavior of some of the vilest human beings on the planet, if you can even call them that.

I am willing to entertain that even some of the biggest scams of all that made huge headlines are backed by the intel services themselves.

Developers and admins of good projects make you feel good about the project inside and make you want to interact with them.  Anything less than that, keep a sharp eye out for signs of fraud.

You are right and most of them simply go to a frank scam in the hope of getting rich, but there are projects that are ideal in almost everything and it is very difficult to recognize fraudsters in them. For example, a startup Giza, which disappeared, collecting 2 million dollars.

Bad team management, market conditions, marketing etc. There are a lot of factors, that are causing the lack of investments. We need new investors from outside to make the situation a little bit better. The more new investors, the more funds will be collected.

the idea of punishing or somehow diminishing scam activity will be one of the most discussed n crypto  worls in case it spreads widely. it is indeed a trouble with which we can't do anything yet

There are many scam projects and one should always invest in a project after proper investagation of the people who are working behind it. The punishment for these project scams differs from country to country.

Scamming in cryptocurrency is not an uncommon thing. That is why people are always suggested to do research before investing. And if the scammers are caught their punishment depends on the country they live in.

I don't think it's a crime for those who invest in the project. How could it be? Of course, malicious people are responsible for scam projects. These malicious people are stealing money, damaging both the market and the people against them.

Unfortunately the swindlers creating projects for the sake of a profit can't be controlled. Already many have lost huge money on their projects, but it isn't possible to punish swindlers.

When someone come up with project make some money and run away. We called it's scam. But why people invest or promote the project who are not part of the team  ??? So, It's also fault of who invest blindly. We can't be sure in crypto that everyone do their work perfect. People just want to make money at any cost. It's our duty to check all the things before make any investments or promote any project.  :D

Definitely, the scammers are responsible for the scams... if it was something planned with the developers, then they are the culprits, many people blame the bounty managers, but they don't realize that the bm are other users like us and many times they get scammed too.

Those who are lazy to work and earn their own money rather they choose to steal from those who work so hard to earn what to earn what they have and its so porous cause there is no regulatory committee for this so its a job opportunity  

Actually no one is responsible for the scam projects that are emerging. We will see them as long as crypto currencies exist since its a free market. All we can do right now, is to make sure we do not encourage those scammers by investing on those scam projects. We need to make people aware of that too. If people starts ignoring them, they will eventually get tired and will quit.

Each project has an adviser and it is he who should be responsible for this. but as practice shows, they just throw us. all remain unpunished, and we remain in this in the red. as for me it is a huge minus cryptocurrency

Unfortunately, no one can bring to justice the scammers. This is the reverse side of decentralization and anonymity, nothing can be done about it. We need to be careful in our investments.

Responsible project developers. They must be punished. But we will not be able to achieve this. The only thing we can do is create a topic in this forum with accusations and to publicly condemn such a project.

This really made me laugh. I don't have any merit left, but if I get one I will send you one for this.

I have read all comments and I see many users come to conclusion that scammers are responsible for scam projects  ;D It is really giving one nice picture of altcoin discussion and what it has become. I remember times when altcoin discussion was really used to discuss about altcoins, nowadays it is used to ask question with obvious answers.

The only party responsible is the victim. In an era of decentralization that supports for anonymity, one has to take full responsibility for the safety of their assets and funds. If one fails to take responsibility for actions and it eventually leads to being scammed, then, They are the cause because they didn't properly research it and they didn't do their homework properly.

Scammers have always been looking for smart ways to defraud and scam people and crypto currency, ico and airdrop has given them a platform for them to do so and get away with it. So it's a sad story for so many that was affected but we all must be careful not to be a victim of such wickedness.

I know its going to sound rude but the investors who allow the fraud projects to come into picture at first are most responsible for the fraud and scams projects. It is because of there unawareness and zero research that they do before investing in the numerous scam projects we keep on watching time to time.
If investors are doing the required research at first before investing even a single penny in that project, we will see a big decline in scam projects.

People are the ones responsible for scam project they come with an idea in other to steal investors money. They need to be punish seriously if they got cut.

Called a scam project, no one is responsible. Investing in a fraudulent project, you are the person who suffered losses, lost money. There are no penalties for them because electronic money is not controlled by law.

people that scam others are criminal. so the one responsible for fraud projects are the criminals. this people are lazy and they want easy money. they won't stop because there are still many that get scammed.

I do not want to find out who is wrong or who should be responsible, I as an investor just want, like how a manager also projects that they manage because honestly 75% of investors get scam projects sourced from bountys forums because we mostly look for projects the latest there and research it as much as 25% we get from the ICO rating site

No one is going to be punished because it's decentralized, it's difficult to really search who is the real person that behind the project, so it become our own responsibility to do the research before investing in any project, this issue had become one of the reason the government want to ban crypto

the only thing that must be responsible is ourselves. because the decision to join is a choice not coercion.
if there is a problem regarding refund funds and other liabilities it might be part of the team's responsibility.

I think no one is responsible for fraudulent projects. It was the people who took part in the project that caused that failure. Suspicion of the feasibility of the project has made investors hesitate to invest. There are many fraudulent projects on the electronic money market so you should be careful.

The first thing we will have in mind is the Bounty Manager. But if we will really dig into it, sometime Bounty Managers are just doing their job. They are also a victim here. Please remember that Bounty Managers are not perfect people, some do their research and do their assignment but it is not really enough to identify which project is really fraudulent or not. That is why it is not an easy task to be a Bounty Manager.

I think the persons responsible are those who really intended to cheat people. First, they are aware that their project is fraud. Second, they intentionally do it to deceive people.

But we all have a part on this, we should be very careful about investing and supporting a certain project. Do our own research and be very vigilant.

Actually, you can't say by seeing the face who is a scammer and who is not. I think  scammer themselves and who supports scammers to scam people's money, they are all responsible! And the punishment should be the prison for a long time. to scam.

It should be the one who created the tokens or owns it. Yes there's alot of scam project that are creating every day. They just want your money that's why they create a project that you'll be amaze but there's a loophole on that they use to copy cut a whitepaper/ project to sell their products in public but gaining popularity.

well its quiet obvious, its the one who created the ico and thats the reasons why all ico should be regulated to minimize and avoid scam on investors.

People who are run scam project are bad folks i hope someday they'll be all put to a halt.

It's obvious who is responsible in the scam project, it is the developers who make the project. They use the project to gain a money and runaway to their investors.

I think the person who is responsible for scam project is project manager. He knows everything about the project but still continue with this. The only aim is to collect huge funds and disappear form the market. The problem is this that you cannot claim your lost money and there is now law for such people in cryptocurrency market. These people should be put to death.

Of the person who in charge on that project who causes the scam because if they didn't want a scammers before they manage a one website or bounty they need to screen carefully before they accept that project so that the incharge who is one of the responsible. Just like what I'm joining in one bounty he saying that this month is the distribution of token until meet that month and I asking always what is happening he didn't replying or he ignoring me so it means the project was scam and he is one of the responsible of this. So my question is how we punish this kind of manager or who responsible on this.

No one is responsible for fraudulent projects, because Cryptocurrency is immune from law. All risks are individual responsibility. That is why it is said that investing in Cryptocurrency is very high risk, and this is one of these risks. So before we participate in an ICO project, we must do research on the ICO project.

The team of this project is responsible for fraud projects and we as investors as well. If everybody would check an ICO that he wants to participate in, before the actual investment, there would be much less fraud projects at the market right now.

If investors aware from scam project no one will get scammed, we can not stop the scammers so the only way to prevent scam is doing research from the team.

For now I am hearing that SECS is one of the authority who is setting the law to punished individuals who are using ICO project to scam investor's.

I believe should know that the project owners are the ones responsible for any scam on the project or maybe a betrayal from the dev. team can be responsible too.

In terms of punishment, it is unfortunate that we don't have any rules put in place for that yet. Thats why many people are calling for regulations.

Definitely they are but somehow they are fooled for scammers due to big offers and wanting for quick returns from their investment. It could be their realization for now and they might changes their vision towards crypto.

Most likely the team of the project or the devs. But at the moment, I think the market is the main factor of almost every ICO failure. Projects cannot simply reach their fundraising goals, because nobody wants to invest in ICOs at teh moment.

no one will be responsible, only we ourselves are responsible, there are some managers who are blamed when there is a scam project.
but what if the manager doesn't know?
he is also a victim like the other participants.

Scam project is unpredictable to investors and traders and bounty hunters, but it is known already to the individuals who are running the project, so we cannot blame anyone except the developers itself. The only way we can do is to put into jail all scammers to make this things stop.

of course the development team in it. usually they disappear from any group, whether it's telegram or in the thread bounty itself. unfortunately the crypto industry has no legal power, so that all forms of fraud cannot be handled by the state law.

of course the manager who is very responsible for every action on the scam ico, the first thing a manager should know is in the marketing strategy and almost all of the ico who always scam manipulate profits and bonuses. and this must be known to maneger

Some people create special projects to deceive and earn money for themselves. Yes, and cryptocurrency is considered unrealistic money, so the punishment is not to be given to anyone.

Yeah it is definitely impossible to catch these scammers. There is no system law for such people because cryptocurrency is still decentralized and government has nothing to do with your investment. You will be responsible for all what you do. Due to these scammers most of the people now afraid of putting their hard earn money in cryptocurrency.

Isn't that the normal definition of scam? You deceiving people into collecting money from them and running away. A lot of people who have ended up being victim of scams have always been the cause of their own predicament.

The handwriting is always on the wall, when it comes to the team, the availability of product and the business solution the project is bringing, but because some are just too lazy to read those signs and are just looking for a quick hasty way to get rich, they will always fall victim. So, at the end, I always see it as the investor's fault, for giving the scammers a chance to scoop them of their hard earned money.

Nice opinion dude!
Ya The team on projects
But the hard things on cryptocurrency its hard to  find the owner of the wallet !
ETH AND BTC has no identity,anonym transaction,its so  hard to find personal information
but,nowadays is as possible to track who owner of the wallet,with "KYC" FOR MAXIMUM withdrawal on many market.
I think can,because fraud transaction,fraud investment,etc.

Not all bounty managers can distinguish scam ICOs. ICO scams are nowadays very difficult to identify and it is not surprising if some BM launch bounty of scam ICO. No one can now stand to be responsible for the ICO scam and hopefully in the future we will have a rule for the ICO to stop the ICO scam

according  to  me  there  is  one  thing  thst  we  can  say  is  responsible   for  those  scam  projects  and  the  answer  is  us  we should  be  more  careful  where  we  join  and  what  we  are  doing .

no one is responsible for the scam bounty, the one responsible here is on our own, for that we must be careful in determining the bounty so that we don't work in vain or lose all the money we invest

It depends on the country that ICO lives in and investors' countries are important as well.
This is because ICOs are collecting ID information from investors to keep their ass safe.
Collecting money is not forbidden yet. If you can show something to show as a project, you can trick them somehow.

It seems to me that it is the developers and self-organizers who should bear responsibility for all this because the further development of the project depends on them

sure that developers team is responsible for the scam because they initially create the project with only one aim - to cheat the people.

Cryptocurrency is still a secure and anonymous market so it has not been widely accepted around the world. Your investment will not be held by any organization to take responsibility for any fraud. Investors must be careful and careful before making a decision, which directly affects your assets.

for scam  projects  i  think  that  definitely  it  is  because  of   bounty  hunters and  also  i think  that  we lay a huge  role  as  users also  we  have responisibilities and we have  to be careful.

I believe that people who organize and conduct fraudulent ico are responsible for this. Those who were deceived are victims of fraudsters. As for punishment, everything is very difficult here, since it is practically impossible to find these people, as they always use fake names, accounts and photos. All this of course is very bad and currently has no solution. All that remains for us is just to be smarter and more careful when choosing one or another ico.

Only bounty hunter or investor responsible for their time and money for investing in ICO. Unfortunately, nobody regulate work of developers after ICO.

If a project is not legit , without any use case the main responsibility is on the team, but all others  who take part in
advertising it are responsible as well. This is why we need regulation on ICOs  to make the rules clear  for them. 

There is a lot of scam project these days so it's up to you to join if you don't want to take the risk and get scam then don't join. Crypto is all about how you take risk on your investments and how you will handle the situation. when it comes to scam issue. The person that has to be blame are the people that are greedy like the developer and the team the make the project to be successful but in the long run they will run away and get your investment all the profit that you want in that project. So that's why it's a scam dev run away and all you have to do is nothing and you want to kill or assassinate that person behind it.

I think those who have to take full responsibility for the scam project are the CEO and the entire core team, the appropriate punishment for them is about fraud, investment fraud, and ITE network and technology violations. maximum in my country I was sentenced to 15 years in prison, and fined around 1 million USD. in some countries have different laws and regulations, it's just that in my country it is very difficult to make complaints because the ITE law is less developed and difficult to monitor because the technology is still limited

Now there are a lot of fraudulent projects, of course those who are responsible for the team involved in the project, usually things like this have been planned by the team which aims to deceive investors, of course they have to be in law as heavy - ask for what they have done

One thing when it comes to identifying scam project is to always take a good look at the team and if from your thorough scrutiny, and I will reiterate that; thorough scrutiny, you are able to see if this is a team with which you can really be entrusting your money or not, then, that would go along with the decision you will be making eventually.

This space is unregulated, and we get to see a lot of people doing as they please, and a lot of inexperienced investors getting to become a victim, so in a way, you should be asking yourself as an individual what the experienced investors are doing that you are not doing.

Scam project is not unpredictable. Your ability to detect them is always dependent on your level of knowledge in most cases when it comes to identifying scams. If you are considering putting scammers into jail, I bet you have not realized that there is no scammer that actually gets to put their real faces out there. What is most important in these scenarios is that, you should be at least looking at the fact of trying to detect and discern a scam project from a good one. The signs are always going to be there, some are just too lazy to do due diligence on the team and the whole projects entirely.

A lot of people  :D The first people, that are responsible for failing are the team members and the developers. But I think the investors and the bounty hunters also have a slight influence on scam projects. If they can make an investigation and recognise that the project is a scam, maybe less people would be effected.

Now it is more difficult to hide from punishment for fraudulent ICO than before. I even participated in one project, the CEO of which was arrested by the SEC

Person himself is responsible for the scam project joined by him.one must be vigilant at the time of joining the project because instead of joining too many projects with scams join less projects without scam that will be more worthy. thanks

Of course, the ICO team must be responsible for fraudulent ICO projects, depending on the degree of their guilt. However, at present, cryptocurrency is not yet legalized in most states, and ICO projects do not have proper regulation and verification of the team for the possibility of fraud on their part. In addition, this crime is very difficult to uncover, since it can be committed simultaneously in different countries, and criminals can quickly migrate from state to state.

I think that it is not easy to find those people who organize scam projects but why do they do this? Everything is simple. They want to earn money and that's why being not very fair they create scam projects

It is punishable by law, as long as the project is proven as fraud and scam.
The people behind the project will be in jail and will face large amount of payment.
I hope there will be no scam anymore in this community.

yes you are right, the members in the project will be punished or jailed for cheating and harming many people. it is very difficult to eliminate or avoid project fraud. when we choose a project it all depends on our luck.

Due to the fact that there are a very large number of scammers on the cryptocurrency market today, I already doubt those words when they spoke about the decentralization and security of cryptocurrency users.

of course it worth punishment, everyone just can't wait for the day when scammers could be detected and punished. banned at least. i am sure the system will be worked out quite soon

Definitely the developer is responsible for any scam that happen in any project even if the wallet got hacked , they only have intention to collect the investors funds and run away which is bringing bad image toward the technology and many are concern about the way this should be tackled,
Many raised enough to has good product but because of the scam ideology they refuse to give back to the society and I think the etherium blockchain need some restrictions for smart contract on funds issue.

the name alone is fraud, have you ever found a fraudster who has a person in charge. I think your question is wrong. in an ICO the scam there is sure the people disappear. and cannot be questioned about his responsibilities

It seems to me that you mean the ICO of the tesh. If yes, personally I holded these tokens and it was an unsuccessful experience. But the question is if SEC arested the director, why they do not return the assets to the investors.

Fraudulent projects are the responsibilities of scammers. There are so many of them and most times they do not show their real identity. They sometimes impersonate others, by using their pictures and fake profiles.
Scam projects always bring huge losses to their victims and they will not be able to recover it back.
Talking about the punishment that can be meted on them. There are several punishments, if only they can be caught.

Rarely there are cases when you can punish Scam projects. In addition, many work in countries where cryptocurrency or ICO is generally prohibited. But sometimes you can find news that the company is called to responsibility and oblige to pay all investments.

There are 2 categories of people responsible for scam- founders and promoters of scam.
Advertisement and any collaboration even adv on etherescan hurt innocent people.

That depends but typically the fraud is set at the ICO board members and identifying the right culprits is difficult. Regarding  what would make a fair punishment I think liability to damage incurred by the victims plus a deterrent fee.

In an place where there is money to be made and a lot of newbies who have no idea what they are doing, there is going to be scammers looking to make some easy money at someone else's expense.

Should we really be looking for someone to blame it to?
Is that question the right one?
Why not ask how to stop thid kind of scams or just how to prevent it?
That is all we can do if they are good in hiding. Newbies should be warned even before they have the idea to use their money to buy ICO tokens.

Yes, it is very sad situation. Scam projects occupy the most part from all ICO. They raise money, deceiving the investors. And then they disappear also nobody not to a mozha of nothing to do with it. It would be very desirable that the solution of this problem has in the future appeared.

Indeed, the situation being raised here wasn't good enough to think all about. Scam projects will no longer exist if people will be more vigilant in choosing their project to get involve with. We must act independently and always maintain a stronger faith with your every decisions.

That is like asking who is responsible for robbing a bank. Basically, the responsible ones are the robbers, sometimes also the bank if they did not exercise proper caution in the fund keeping.

No one will be responsible for it. Even the project managers colluded with the project owners to cheat us. Twogaps is a typical example. It is a Vietnamese team that manages ICO projects. They managed the successful Bitnautic project and now they have removed the spreadsheet and not let us see it. That really made me sad.

I think that we are all partly responsible for this. People who succumb to deception, in some way provoke fraudsters to deceive themselves. We must combine our efforts and not pay a penny of scam projects.

In addition to the administration of the project there is no one to blame be careful and pay attention to the administration of the project opened its faces it gives confidence in the project !

Do you know him ? If so - reveal information. it should be helpful for some people here. Btw, in many countries absent responsibility for
fraud actions with crypto, police not considering it like felony :(

Mosenicheskie projects are very often organized with the connivance of the authorities. Then, when it is necessary for the project to declare scam organizers for a certain share of the collected funds, the authorities are asked to close their project and everything becomes excellent. Suckers without money, organizers and authorities with a good profit.

If an ICO project turns out to be a fraud, then its promoters must be made responsible for it. Those who manage the social media channels and the bounty campaigns also must be held responsible, unless they are able to prove that they had no idea about the criminal activity.

That responsibility belongs to us. No one forces us to participate in ICO projects, so if we encounter scams then we have to accept, investment is the risk and risk we can't avoid. However, I hope that there will be an agency that sets strict rules for ICO to limit the risk of scam

It is difficult to prove the fact of fraud if you received tokens. Issuing them is not a problem. But what will you do with them if after ICO the cost of these tokens is much lower than at the time of purchase? Developers will offer you to wait until the price rises, and this will continue forever.

obviously, developers must be responsible for the losses suffered by investors, they must carry out missions according to the writing in the whitepaper
but this is the disadvantage of an unregulated investment model, where there is no agency that regulates ICO, so developers are easier to commit fraud, and of course this is the thing most crypto communities hate most, because the name cryptocurrency will be a bad name in the eyes world

No one will be responsible for it. This is a market of belief and there is no law here. So to avoid bad things, you should equip yourself with the best knowledge to avoid getting involved in fraudulent projects. The work here is very risky.

No one is responsible for the fraud that occurred in crypto. When many people in the crypto then they who will bear what they will get for themselves. project risk has become a scam that should be found and selective in the ICO is the important thing. certainly, there should be a big punishment but for this, there is no law that could ensnare it.

We as investors and supporters of this technology are responsible to choice a legit project and do our diligent research before making a decision to invest on those ICO. Doing this will minimize those scammers as they can't get our money with their fake projects.

I am sure that there is no one to demand responsibility for the project. For me it is important, but unfortunately impossible. I would like to punish all those who have such a difficult time in my projects

The person/s responsible for these acts are the entire team who manage the projects or ICO's. The teams which do not take into considerations, the hard work and effort of the investors are the primary reason why there is a decrease of trust of the cryptocurrency users in the projects, it also affects the reliable ones.

The team behind the project should be held responsible for any ICO scam. This forum has been trying it best to give maximum punishment to those who involve in scamming others which is the right to do in order to reduce the work of scammers.

The people are responsible, who think it is a good idea to scam others who does not have the adequate knowledge yet, and of course everybody who is helping them, knowing /guessing what is going on. They should be punished, but unfortunately it is very easy to dissappear in the crypto space, so many of them get away.

I do not know more clearly who is responsible for the fraud project. What I know is that if the manager of the project is a manager, then the manager gets red trust. I see this in some accounts that have been/are managing bounty projects.

It is true certainly of the team should be responsible for this. but when even the identity of the team alone also forged then what to do? This certainly will go back to yourself to how to choose ICO which is not a scam and this indeed is difficult. but the risks must be accepted then yourself too well that should be responsible.

I think Red trust should he be the punishment for such act, and I have seen some of it on this forum.
As touching the party that is responsible for a scam project, I don't have a clear Idea of this..

The team should be responsible for their own projects
Because,government don't responsible  with any cryptocurrency investment if ico became scam.
I think we must be carefull for any project nowadays.
there is no punishment for sure for scammers
but,if "fraud projects" sponsored by bounty managers in this forum
sure,we can give red trust,report to moderator

Only the creators of the project and no one else are responsible for this. It seems to me that these are the main culprits and the main scammers. I'm just furious at the people I lost most of my money to.

There are such ICOs who recruit for participation in their bounty campaigns, and then do not collect softcap and bounty participants are not paid anything. It seems not scam, but there is no payment.

I think users is responsible for that because we already know too many scam project has show up in cryptocurrency, so if we don't be carefull we will get caught in a snare of this scam project.

Only team is responsible for that. And advisors should be also punished because they take money for promoting scam project.

It all depends on which side you are speaking. If you were a bounty hunter, you can safely blame the Manager who showed this project on the forum.

First of all, those who manage these projects are responsible for scam projects, in the hope of gathering more inattentive investors and deceiving them. I think the parents who raised such children and their environment are also indirectly responsible.

The Creator of the project, who else. He mostly bears financial responsibility, but there are some bureaucratic tricks to save him.

There is no way to know for sure the people who are behind the scam projects, there are a lot of people who are into the projects and one thing the creators of the scam projects are good at is to make sure that they do not have their faces or any of their information on the project which makes it easier for them to bail on the project and take off with the money

In most cases of ICO scam, the scammers behind this inhuman act of scamming people don't get caught. The bounty manager and team can be held accountable, since prevention is better than cure. For that reason, it therefore necessary you do a proper research on the project before you invest. 

For this responsible only the one who created such a project. But so far, no one will be able to punish them as it is difficult and so far cryptocurrencies are not regulated. So there is no need to hope in vain

The founders of the project are the main people in their project, respectively, and they should be responsible. But, unfortunately, in reality, many manage to avoid responsibility.

Perhaps that is why there are currently so many fraudulent projects, because people know that they will not be punished for their criminal acts, until the cryptocurrency becomes regulated

Greed of people involved behind the scam and shallow humour of foolish investors.

Humans ,greedy humans are the ones responsible for scam projects ,robbing people off there hard earned money and time and run away with it all, hope in the future we see ways to get them punished or lower the risks

Only team members are responsible for the scam project. Because they want to abuse their investors and steal money from them.

The one and only the founder and the team is responsible for that I think because some project come to just scam people and they don't have plan to launch their coin even.

Investors are responsible this scam projects in my opinion, if people doesnt be greedy like this and dont invest to this scam projects, market would not be so like this, there is hundreds of bad projects and we did this unfortunately.

I believe founders are responsible for that.
But also marketing providers like ico bench are also responsible for scam. They should be punished

There's always a person to be blame sometimes the bounty manager and the team of the Project who has a connection with each other and I think sometimes they planned it. No offense I'm not blaming all! But usually when a participants ask in those person who act as a team and bounty manager sometimes they both blame each other with the same answer that can really make us confused.

Scammers don’t show themselves to the public and sometimes its easy for them to escape when they carry out their scam through cryptocurrency, cause you can’t really trace them sometimes. So you just have to be careful and avoid them before it happens. But when they are caught there is always a punishment for it, they are not allowed to go free.

For fraud is not punished in the ICO market, it is difficult to prove, it takes time until the fraud is revealed. But the black list of people who are involved in this should be published, at least by the community.

That can only be in the case where you know those that are behind the project. Some of them you will never know who are the people behind the work. Sometimes, if they did advert for the project, some people would hold the advertisers for responsible for carrying out a misleading information to the public, just like I have seen before. But I see no need for that, cause if they still say that they don’t know those responsible, there is still nothing you can do to them.

So far, cryptocurrencies are not regulated in any way and it is not possible to find the one who created the project. It seems to me that the responsibility for such actions will be much later

To be exact, none is responsible directly for scam projects. But initiatives can be taken to reduce such scam projects. For instances, strict regulations, awareness campaigns, making the bounty manager aware. It will be worthwhile if strict regulations is put in place to discourage fake ICOs. Likewise, bounty managers can know more about the project they have involved in. So we can also ask them as well.

When you find that your investment project becomes a scam, it may have disappeared, so it is almost impossible for us to find the true information of these fraudsters!

Guys, advise good ICO's, please

Mostly the most responsible to the scam project are the one who make the project establized or the CEO of that creating project development ,otherwise in the line of bounty campaign mostly the one who have knowledge about the project are the bounty managers because he is the one who know thats the project is legit or fraud and can affect his dignity as the bounty manager of said project.

of course this are people who are really can't do good in the world, this people are so weak the only thing they can achieve is by scamming people
 this kind of people are no place in the community, what i call them are cowards why? they can't find a better and clean job, they can't beat you in a fair
game or play, so for those people who think that scamming are for brave and intelligent people you making a big mistake , this are for cowards
and i mean it

No one is responsible for fraud in ICO. This will continue until legislation is reformed in the digital economy of the countries with the largest financial system G8.

Of course you are right. I totally agree with you. But before we judge everyone, it’s worth thinking about how to secure the market. I do not think that the fraudsters here will survive forever. There is one problem. How to close vulnerabilities? If we solve this problem we will not have to deal with them at all.

I agree, Jeff go away  ;D

Nobody is answering. You yourself manage your money at your discretion and take all the risks.

I think no one who cares, you can see it when there is a scam project they can run away and disappear without a trace. Although investors want to report it, but I am sure they do not know where must to report them, and certainly it is very difficult to conduct an investigation considering that cryptocurrency transactions are anonymous and decentralized which means that anyone cannot regulate them.

We should be responsible for every decision that we made. Though, the projects is the one that deceives us to be scammed, it is our decision that enable it to happen. So, my point is to be observant and knowledgeable enough to participate in such projects.

The loss incurred in a responsible scam project is the project owner. Besides that no one wants to be responsible. There is no one who wants to accommodate the mistakes of others, let alone bear the losses that are not caused by them. So, make sure you have followed a good project. Project that has received research and some recognition that the project is good. Because there is no insurance for projects that are scam.

Just crazy people in my opinion will not be responsible for what he did not do. So, it is better for ourselves to save ourselves from losses by choosing a good project and have passed several security requirements and authenticity of the project. It is wiser than waiting for insurance from the scam project that we have followed. In my opinion, the penalties for scam projects will certainly be marked by those who have done a scam then they will get a bad reputation so that it will be difficult to be accepted back.

Most of the scam projects are vague about information of the ICO team and developers. So that I think the responsible for scam ICO project is the manager. And If you find out the scam project, you should report in the Reputation section in bitcointalk forum to get noticed by more people.

In fact, only the one who created this project and no one else is responsible. I think that's normal. Now nobody punishes them. That is why the number of skam is growing hard

No one is responsible and guarantees about the project that runs about a scam on the matter. that ensures this is yourself at the time of the selection of projects done. When can guarantee proper selection is carried out then the results will also be available. the Government and the existing legal entity will not guarantee on this.

No one is responsible. I do not see that at least one Creator of the project skam put in prison or fined. It is worth considering how to still calculate the creators of these pyramids and these deceivers

there are many such scam projects in these days. they dont know now to develop the coin there is no one responsible for scam.

"Who is responsible for fraud projects." - responsible for fraud projects is two main human qualities - greediness and stupidness.

I can't say who it is exactly, but all people who participate have a huge part of its growth from the one who made it, the one who promote it and the one who participate on it, we can say the greediness from the people can affect cause some only join for money even though they knew it was a scam from the start.

- Certainly, no one is responsible for this problem because from the beginning, the ico project is just an idea, and this idea can succeed or fail, it is fake or real, that's one thing that no one can guarantee. And if we believe, we can invest, no one encourages or forces us to invest, and when investment and failure, we can not blame anyone, we can only understand that we are unlucky and choose the wrong project, unless the government can participate and manage the ico project, if not, I think no developer will be penalized

it remains a mystery to me why so few scammers have punished. I do not think that it is difficult, to find a man who deceived several thousand honest and hid with their money. Do states like this state of affairs ?!

yes, you are right, therefore to anticipate before we decide to invest in the ICO we must learn and observe as well as possible the project ICO to reduce the risk of a scam.

Firstly bounty manager is fully responsible for fraud or scam campaign because he managed this campaign and represent bounty project and i think mainly which project when spreading bounty live. Definitely manger need to research before managing shit project.

I thought it was unfair, the manager only worked and the one responsible was the Team from the ICO project.
Managers such as laborers work and are paid to manage and not be responsible for sales of ICO.

yes you are right, managers are almost like bounty hunters, they cannot be blamed for project fraud. the only party responsible is the project team itself. but unfortunately when they commit fraud, they leave without leaving a trace.

maybe you can give a punishment to the CEO in the project because the CEO is the mastermind of all the projects they have developed.

The reason why i will say is the CEO is that ceo collect all the information from someone and can use it for anything he may even sell someone information.

The one that's responsible for these fraudulent projects are the developers itself.

They intend to scam people and we can't blame the investors, they may be lack of knowledge and research but if they have no intention to scam, no one would invest on their projects. Though there's negligence for investors that don't research.

At the moment, we see a lot of fraud, because the market is very weakly regulated. Soon the rules of the game will be tightened and scammers simply will not be able to hold ICO. Many countries are actively developing the legal framework for crypto.

People who are responsible for fraud projects are the devs of that project... this is one of the reason crypto is what it is today.. too many fraudsters

I am think nobody responsible in scam project, first of all because its scam.
This must decrease reputation of CEO

Sooner or later, the crypto market will become civilized. All processes will be regulated by the relevant financial authorities. Manipulations and fraud with ICO will be excluded, because people will be held criminally responsible. But all this in the future. Today it is very difficult to punish someone. Remember that crypto is a very risky game 8)

However, some projects provide contact information, as well as information on the registration of their projects with government authorities. I think this provides opportunities for filing a fraudster with a court and a reason to claim your funds back.

Until now there's no responsibility on anyone, they just collect funds and runaway without penalty or punishment, the ICOs industry will stay like this until the cryptomarket get regulated.

Unfortunately, there are not enough laws for everything. The more we all strive for decentralization. Therefore, fraudsters calm steal our money. I don’t think it’s difficult to track fraudsters. However, who deals with this issue? I think for many more years we will have such a problem. While someone smart does not come up with a solution.

In fact, I have never seen or heard the news for punishment for the person in charge of the scam project. Who is responsible? The question should be when the fraud project will occur, it should not be given space. In order not to harm many people in terms of time, money and energy.

anyone can be responsible for that. the one who makes such activity is responsible, i guess. or do you mean, who has the authority to punish? in this case, it's almost impossible to get justice. not yet

The person responsible is of course the scamer and the core team who are directly involved in making the ICO scam, but because in some countries, the legal regulations regarding crypto currency are still not available, so they are used to make the ICO scam

I think fraud is planned very rarely. And if such cases occur, then I am sure that this is due to the actions of the creators of the project. I am sure that these are the main criminals and the main fraudsters. I don’t like people who don’t give money back to ICO investors.

The project leaders, founders and co-founders are responsible for scam projects. This is why we need ICO regulations
to make it more secure to invest in ICO s. Failing of an ICO for different reasons is a separate topic.

The people responsible for fraud and theft in the industry are those who will want to pry on other's situations taking advantage of them. We all know this industry is porous in terms of regulations and lack of enforcement authorities. It has presented an opportunity for dubious tendencies and actions from fraudulent people floating fraudulent projects just to defraud unsuspecting people. Unless, stark regulations are put in place, this may never change.   

I think all who are concerned with the project should be held accountable. In fact, the person who posted the bounty or ann thread at bitcointalk, was also exposed to the sap even though he just and only posted it and have nothing relationship with the project.

in my opinion no one is responsible, because when you invest in ICO it means you are ready for the risks that exist and one of them is the ICO is scam and for now there is no law that can punish people who commit scam at ICO, because ICO has not legal.

The one who set it up of course, you cannot blame those bounty hunters because they too are a victim of these scamming, who would want to promote a scam project, where you will not get paid also, I got out of campaign if I there was a question or allegations, when there's smoke there's fire.

I do not think there is, because all this time I have experienced a fraud project and no one is responsible even the gift manager only apologizes. We certainly don't want to get a fraud project and if there is a penalty for being responsible it will definitely be better. And this will be a lesson for all.

In this unregulated market, its hard to find who should responsible when many fraud project and scamming people. Thats why, i think ICOs should be regulated by government because too many scam ICOs this year.

I think the one who is responsible for project scams are the members who build the project. But i think also considered the bounty manager, it can give a negative thrust to bounty manager because he/she is the one who manages the bounty campaign.

The team members and the developers. I also think that bounty hunters are also responsible for that. Moreover, investors that are putting their money into such projects, without any investigation should also be responsible for fraud ICOs.

Sad but true, no one is responsible for scam projects. Crypto market is not regulated now, so scammers go unpunished after they take investors' money and disappear. You, me and everyone else take all risks and responsibilities for he money we invest in different projects.

Of course, mainly project managers are behind the fraud in these cases. They often disappear with the received money.
But the fact that someone was caught or imprisoned is really isolated cases.
The last such news about the capture of fraudsters I heard from Ukraine or Russia.

I think the main thing is do your own researches when you making your investments and all will be fine

There were and still are scammers in this space. The whole ICO process was basically a wide open door for corruption and fraud. These people who stole money will all be identified once day, they will all face legal battles and hopefully, some of them will spend some time in jail. Regulation will come to this space, and I cant wait for it.

Everyone should be responsible especially the bounty managers, investors, bounty hunters and ICO reviews. A wise investor should be definitely sure of the project. Awareness should always be practiced. As long as there is a scam, even small plants they can still live and grow in numbers. So reduce the scammer until they get lost.  I hope kyc will be implemented for the team.

Actually it is no one who is guilty about that because there is always a chance for all of us to face a scam porject. In this circumstance, We have to be carefull before invest to any project. Also searching is most important thing in this market so firstly everyone have to learn how search to a project.

I believe that the team is primarily responsible for the scam, who else?

And who will punish them? It's anonymous. And scammers certainly will not show their identity to the whole world. All the names and photos of dummy

Well, the one responsible for any scam project is people who are wishing to get an easy money by deceiving people.
And the punishment that they deserve should be jail, and let them rot in there.

A lot of words have already been said in this direction, but I think that today there should be a legal basis for this problem, according to which people who once had very large robberies will be judged.

Of course the scammer itself

Somehow the investor shall be blame, some people don't read and introduce the project to others, its really a bad practice because of the "referral reward"
Hence, i believe #1 is of course the main project scammer, then everybody else

For me those Marketing promoter especially  those bounty managers and bounty  hunters who keep promoting even though  they know that the project will fall in Scam at the end of the ICO.  Specially  those who promote selfdrop ICO that have a hardcap of 400 to 600 eth becuase that is totally  a scam, know why?  They promise lot of good Return Of profit even  they don't have a company,  don't have goals even they have it is impossible  for them to fulfill  it because of the hardcap they  have that can't even start a business. That is very fanny for those who keep  promoting  it.

The person who will be responsible are those who manage in a project, if they are not able to paid back for participants then approach them and get some solution ,it's not about that if they are going to manage again a project expect for a negative result they are already able to determined the background at first.

Wouldn't the ones lying, cheating, and stealing be the ones responsible?
Of course, if people recklessly invest in a project without doing research and are easily fooled, then I don't have much sympathy for them.
But it doesn't mean that they did something wrong, just made a poor decision.

The ones doing the scam project, however, are definitely doing wrong.
The thing is though, I don't think there are that many actual, real scam projects.
When someone loses time or money from an ICO, they tend to yell scam really quickly.
But most of the time, it's just a really poor company that couldn't manage themselves well.
Most startups end up going out of business within the first two year.
Not because they are cheaters, but because they don't know how to run a company.

Responsibility rests solely with ourselves! They themselves believed, they themselves spent their time and a lot of effort!

That's right. They simply prey on those who doesn't know much or who only tries to invest at something without actually knowing about its background. The unfortunate part there is that most people would discount the fact that as much as the people who make these scam projects are to blame, partly, they are too because they had all the resources and most probably the time to study and get to know the project before they could have invested in it, but they didn't and so part of the blame goes to the investors themselves.

Think for yourself, at the moment in this area there is no service which deals with the re-certification of projects and this is very sad as every day more and more fraudulent projects appear on the market with which it is impossible to fight

In many countries, there is no responsibility for this kind of fraud, which is why you can find so many ICO frauds.

The project should be registered as a legitimate company in some place. (Therefore, before investing, it should be checked good where the ICO is registered). If the country in which the ICO was registered has legal regulations, the developers should be chased by the prosecutor's office in country of ICO registration. If the country of ICO registartion don't have regulations, probably money is lost.

I think everyone is responsible from the initiators of the project down to the investor out there since everyone is at fault. There is actually no punishment for anyone but i think if we introduce such a thing it will safe a lot of people from these bad people.

no one can be blamed entirely because the other party is looking for profit and crypto has not been able to create a system for fraudulent projects. we will be very easily affected by fraudulent projects by offering free tokens and sweet promises. to avoid getting more study and analysis before joining. proper punishment is court law

There are a lot of scams in ico projects. They're hard to figure out. Most novice investors have been deceived.

If scammers come from Swiss you can report them to the government and get back your money, it's not an easy process and cost a lot of time, better to stay away scam project and you will not meet any problem with your money. Some countries do not solve cryptocurrency scam cases so your money gone forever.

The is the main point why the government want to ban all the ICO and crypto, anyone can create the coin and the token easily, but they have not the real product or the team, after the ICO finished, they all gone and the investor will lose the money, the scammer will go hell after they dead.

We do not know who is responsible for the ICO project fraud. As we know that Bounty managers cannot do anything when the project they are working on is fraud. But if we do the work carefully and do research, we can certainly get a good project.

No one is responsible for your fate if you are stuck in a scam project. Therefore, you must be careful when choosing a project, first, investigate all the information contained. All risks arising from crypto are borne by the individual, as much as possible you can minimize the risk. Because if you get optimal results, you don't get tax from crypto.

The team of an ICO is responsible for the poor marketing management, bad organisation and the lack of funds. You cannot blame bounty hunters or the lack of investors, because if the team is going to scam us, we can only spread this news on this forum.

I fully support your opinion, I also believe that it is necessary to start working on the verification of projects that today continue to deceive people and today it is necessary to try to bypass such projects.

This is a question that once got me bothered, because i saw some projects that have the tendency to succeed, yet they will still go ahead to scam investors.
The conclusion i gave about this is that,  if a man does not have integrity or reputation to protect, he would scam. So know the team of the project.

I do not think that someone should be responsible for such problems. Unfortunately, it is impossible to completely eliminate fraud in any field of activity. It is unlikely that it will be possible to somehow regulate this problem, just the investors themselves must be smarter and more careful when choosing a project.

Greedy people who have seen this space as an advantage and milking cow for them.

Due to the popularity of ICOs few years ago, it has been crowded by almost every idea for an ICO. Even a joke ICO can be made well if they have a budget for marketing. It's a cycle that these developers has been doing, at least this year many people have learned about these fraudulent projects.

I think in the World Cryptocurrency is very free, so there is a lot of recurring fraud, with the ICO system that makes fraudsters feel it is a very easy part to cheat Investors, They create ICO fraud, and when someone has been victimized by ICO fraud, then no one is responsible for losing his money. So if there is no one to regulate the ICO, I think there will be a lot of cheats under the guise of ICO.

I believe developer have the biggest responsibility about it, support team only help to get success and us as bounty hunter/ investor/ trader only try to built the project with activity. Developer is the team/ person with high education and tools to make new idea become reality, this is not easy but risk to become scam should be minimize. Back up plan and fund must have before promote the project, prepare for the worst is the best project to follow.

even in the real world there are also so many scammers. I think it was done with the agreement of both parties, without anyone's coercion. when you invest, think carefully, sometimes on the internet it's harder to find someone who makes you scam. well, I've also been exposed to such things several times. but you can see the whitepaper, and see the team there.

Those that are in not because they care about crypto and blockchain tech but because they want to make miney out of someone, they are here to con investors of there hard earn money.

No one will be responsible for a fraudulent project. You can report the project manager on bitcointalk but that penalty is only red trust. They only need to give away 0.002 BTC to lose red trust. This really made me feel very unfair. We need to clarify this and the scammers need to be punished.

In the past there were a lot of projects who scammed people and was never punished the reason was that in that time it was hard to find that which project is scam and which one is legit but now people can know that which one is legit so no one can scam and people invest only in those which team members are KYC verified.

      Responsible for fraud projects are team members, but unfortunately they can not be identified. We fall into their trap, because we invest without researching. If we are smart when investing and choosing strong projects, these scammers will disappear. So far, many have lost money in nonexistent projects, but I hope they have learned from mistakes.

Everyone who is participating in this project. The main responsibility has the team and the devs for sure, but the bounty hunters and investors are responsible as well. They did not checked the project correctly and promoted scam.

We should be responsible on our actions here in crypto as we know that scammers are everywhere. Chasing scammers will takes time and this will depends on what country they are hiding.

So many peoples always Do scam project in altcoin bounties but for me theirs no responsibilities of this situation because human do. So lot of people be wise before investing in every ico or project.

if you ask who is responsible, the answer is the person or people whos not have heart, and rob other money by modern way with technology and digital asset scheme.

In my opinion. no one is responsible if there is a fraud project. because we can't track their whereabouts. for that we need to be careful in investing in projects. we must analyze before joining and investing.

I think that this is not the end of this process and in the future we will still observe this process since in the future there will be many situations that will show fraudulent schemes like today. I am sure that by that time people will do something for this.

The only responsible people that intends to make scam projects and affect other investor, is a cryptocurrency player also. Because they know what they are gonna do, and they targeted those people that have slight knowledge about the ico.

Most ICOs end as scam because they don't reach even a quarter of the minimum funds to raise. This leads to a closure of the project. I may also say some are also intentional, they are hidden under shakes, with no identities and yet people would love to invest.
Always invest what you can afford to lose.

We may be sure that the team really is anonymous, they are not really presenting their real identity in all of their accounts, we can't easily find them so, I guess if we've got scammed, we are the one who is responsible to it.

Fraud projects are responsibility of fraud developers. They just lure in innocent bounty campaign manager in the hopes of actually getting paid once everything becomes profitable. But then again, it doesn't so the bounty manager is left unpaid as well as the participants.

responsible people are all the teams involved in the project, because they dare to carry out the project, and it turns out that it is a scam and harms the community. they must be punished.  :-\

Most people blame the fraudster, it is true that the person responsible is the person / team of fraudsters. but we need to know, that it is very difficult to find fraudsters in a scam project, so we have to bear all the losses. indeed it is heavy.  :(

Scam projects are indeed a very big problem for all investors and bounty hunters. When I get a fraud project, I also don't know who will ask for accountability. When I asked the Bounty manager, they also could not do much for a scam project. And for the next time, I will not join the Bounty project, the manager is the same.

We can't really blame them as we don't have any idea who's behind the team, really hard to think that we are learning things in a hardways, we do need
to use it as a good basis to make a good selections when we do support again another project make sure to learn from each things that occured while you are working/investing around this type of a market.

No party or institution has an obligation to be responsible for fraudulent acts that occur in crypto. All forms of crypto risk are borne by each individual. To prevent being trapped in a scam project, you must be alert and smart in finding information on your project. In addition to fulfilling the conditions that have been determined, as long as you are still joining the project, you must continue to monitor the development of information, both information about the course of the project, project achievements, and team performance. So that your efforts will get the appropriate reward.

yourself in the selection of projects will be responsible. the scam could certainly be avoided if can choose or select the project well. and when met with a scam then that to blame is yourself for not doing my research properly. though it's hard enough to figure out this thing but a deepening in the crypto for capital research would be a good beginning.

the owner of the project must take responsibility of their project, if they scam, the government will punish them and they must refund money to all investors. I hate scammers, they make cryptocurrency market worse and make people believe and think that cryptocurrency is scam.

the only party responsible for the scam project was the development team of the project, but they were also the masterminds of the scam project, so in my opinion there was no main person in charge who could be responsible for this scam project.

The scam ICOs and the failed ICOs are two different things. The scam ICO team members will try their best to show their project as the best and if anyone lose their money in that then the promoters and the investors are responsible for that while the failed ICOs are those which have non experienced team and for that failure the team is responsible.

no one will be responsible for the fraud project, that's why we need ico regulations to protect investors.
and we as investors must be more careful and selective in choosing projects.

I think No one will be responsible of a scam projects because even you report it to a admin they will just stop that projects and you won't even get a chance to know you can get back what you invest to them. And I think most of the investors will be the responsible in investing to them because they are not careful in investing to that project.

Unfortunately, fraudsters took advantage of the lack of regulation and the ignorance of some investors who wanted to get rich quick. To punish fraudsters, you must first prove the fact of fraud and find the responsible. And in many cases it is quite difficult. In fact, people voluntarily gave their money

I think only the whole management team is only responsible for scammed project because from starting day they knows everything about project and also developer's thinking. But except some bounty team which is operated by company, there is no reason to blame all other bounty teams or bounty hunter's because they sees or doing only those things, which are being shown or told by management.
If bounty team or bounty hunters knows all these things then they does not take participating in such types of bounty projects and not harming his own market reputation.
According to me to stop these types of scam projects, until all countries does not make one regulations to regulate crypto currencies, till then it is very difficult to investigate such scam projects or crimes and also punish owner or management of the scam project.

I think those people who originally knew their project would scam the investor. So the responsibility here is to advertise for such projects, at this forum if any project is scam that the bounty hunter continues to advertise for them. They will be banned

the one responsible was the developer team itself and mostly scam project use a fake identity at their site.
so it's hard to even catch them and they run with the money unpunished.
this scam project can be prevented if there a regulation about ICO project in every country so con artist will think twice to scam people.

Yes, the problem of fraud has become a real threat to the crypto market. But do not blame anyone for this problem. After all, fraud is actually found in any field of activity. This just needs to be always remembered to carefully select the right project for investment.

I think that the fraud project in the Crypto world is very difficult to capture, because the digital world is very diverse in its various forms. So if there is an ICO project that is a Scam, I think it is very difficult to complain to the police, because it is very hidden.

No one can be responsible for the law of the fraud project. This is an anonymous market, and perhaps it should be monitored by the initiators of the ICO in the future, so that the cryptocurrency will come back again and the coins will become expensive.

Nobody is responsible for the scam. This is the problem of all ICO's. Until the regulation starts, we should not expect an inflow of investments.

I don't think we can entirely blame a single person as being responsible for scam projects. Crypto is anonymous and autonomous so every one is responsible for his or her actions and inactions. That is the more reason why some countries have instituted ICO regulations.

Ourselves! Yes we are responsible for those scams since we are responsible in ournown actions and decision. 
So once we are got scammed we should not blammed other people for the mistakes that we did before.

Are you kidding? Do you really answer such a stupid question? Ahaha it's absurd! Who is responsible for the scam? The most strange question I've ever seen in the forum) Well, it seems to me the market's so bad that people waste their time answering this ridiculous question instead of looking at the charts!

no one is responsible for cryptocurrency fraud, it has become a risk that may be caused because many people are not careful in the crypto world. because that mistake happened to self-carelessness.

We need to speak loudly who should be responsible for fraud. My opinion is that the team of the platform on which the coin from ICO is issued should bear responsibility along with the ICO project development team. The Ethereum team must make decisions to combat fraud.

In our country justice department is so shitty, scammer go away for free, even tho they have done up to 300000-600000$ damage to the people... And people don't even see money anymore..
I think countries are responsible, and their regulations. But with democracy nothing will be done... Except for the benefit of the elite.

It falls to ourselves not to let greed to overwhelm our reason

The scammer himself is the responsible for the scam project. But the investor need to properly scrutinize before investing into any project. To check the authenticity of the project the investors is required first check the website of the project whether it is http or https//. If https// then proceed to ahead.

there is a just one answer for this question. It is nature of humanity. Every one has a responsible for this stuation. If we are much focus on our investment, they can not deceive us.

Many scammers do not use their profiles in social networks, which greatly complicates the search for those responsible individuals!

It would be nice if such projects were legally registered in their own countries and then you could trace the scammers. And today even a schoolboy can create an ico company and steal investors' money.

Well, if people has its evil plan just to have an easy profit then we have no choice just to keep away with it. If we look and prove if that project is a scam then let us inform everyone not to join of the said project.

For me, it is not the fault of the team if the project will scam because there some people who want to destroy it. It is our responsible to report it to the project owner or to the team so that this person will be remove and be ban.

The team members are responsible for it. I mean, you cannot blame bounty hunters or the ICO investors, because they did not know that the team is going to scam everybody. Just be more careful with such projects.

Yes, the negative impact of scam projects is difficult to overestimate. Due to participation in such projects, some investors, especially beginners no longer trust crypto currencies. Those who trust these projects are then forced to suffer losses.
Unfortunately, responsible for what is happening is difficult to bring to justice. To date, there is no legislative basis for regulating this.
Perhaps the initially high and stringent requirements for creating projects will help remove some scam projects. But we all need to understand that a lot of money is at stake, so fraudsters will make every effort to get what they want.

There is no way to deal with fraud, because everyone does not know the soul of a project is fraud. Of course we should be aware of ourselves, which projects are genuine or fake. Because from the beginning all the projects were the same, just different backgrounds. If you are fooled by the project, maybe you do not fully analyze the project.

That’s the issue and I think they should be remove from the forum for scamming over us and for not leaving their identity behind. Apart from it the user is also responsible because we are well aware of the last few scamming cases and even then are being careless and not protecting and investigating about the sellers.

I think investors so we are responsible for all things now, remember last year there are just hundreds of shitcoins ico and these icos were doing x3-x4 after ico, people invested to them and lost everything now, we are responsible from this result.

I think at the moment in the cryptocurrency world scammers operate with impunity. But I hope that this situation will change in the near future.

No one is responsible, yes, this leads to the abuse of ICO. In the future, only the law can regulate the ICO system, otherwise the ICO will not be recognized by future investors. We should face supervision correctly. Regulatory ICO does not represent regulation of Bitcoin.

Recently, ICO is no longer popular with investors. No one is interested in owning tokens that are constantly falling in price, people need shares of the company or shares.

It is unlikely that someone will be responsible for the ICO fraud, the ICO administration is now extremely difficult to find out if this project turned out to be a fraud , and so if you know who did it then I think you can write a statement to the police

Only team is responsible for scam project. Do you know why?
Only team members know the truth, so to my mind there is responsibility on themself.
At the same time you are also responsible for your decision

i think no one ever responsible for something like this,but we have to choose a right coin to invest.

Yet experience shows that no one is responsible for fraud because it has not yet worked out the law!

It is very difficult to find a party responsible for scam ICO, but if we are looking for a place to blame I think the team members deserve to be the main goal.

The responsible for the scam project are those people behind the scenes. Next is the person who will be attracted to the project. Both parties are responsible. Nobody should be blame. Nobody should be hate. Nobody should be loved. You are much responsible for your own. This is not about groups, teams, but self success in terms of finding the real project. Good luck and best regards

No one is responsible for this. In the cryptocurrency market, no one can control it, especially with ICO. Currently, there are no strict rules about ICO  , it seems to be a hole and scammers exploit it to get investors' money so participants must be responsible for the decision their .

The law is not applicable in ico. Therefore, they will not bear any punishment when they become scams. We should choose carefully when deciding to invest in ico.

It is sometimes difficult to find who is responsible for fraud, today nobody controls this on the crypto market. We must understand the projects, which will be true and real.

Who is responsible for the project scam? of course the scammers must be responsible for all the losses they make.
Who else is to blame if they are not scammers?

Yes it is our duty to buy the coin carefully and not to choose the fake coin or from scamming projects. It is good to select some kind of identification for all legal projects because of anonymous identity it become so hard to reach the scammers again or to take the actions. Other thing need to do is never share your key with strangers be very careful.

I think everyone is responsible both the project team and investors, it's no new that ICO is associated with many risks so I believe anyone investing in it bears those responsibilities.

I believe the  ways in which some of these ICO CEOs or developers can be punished, is if they are found in jurisdictions were the rights of investors and citizens are being protected, such developer can be summoned to answer to some questions and investors are ensured to be in safe hands.
Although, for now,  pending that time that regulations will be made compulsory, investors can only protect themselves.

No one is responsible for this. Often, you will never be able to return your investment, especially if it was a small project. Look at the last Indian project that raised 50 million and disappeared.

Because there is no institution or party responsible for this case, the community is, therefore, able to avoid fraud cases as much as possible. By doing the analysis first and also increasing the source of information before deciding to join the crypto program. The key, don't give up easily and keep trying to dig up information and try not to repeat the same mistakes.

I agree , We should gather many information as we can if we are planning to invest. It is also the care of the investor if he will invest on a certain investment , Here in crypto world we cant assure that every investment is legit. As time goes on many scammers are getting wise scamming. Investors should be responsible about their own investment.

Here the most offensive and angry is the fact that no one really bears any responsibility. I understand that you need to do something with it ... There are a lot of deceived people

If you find this project on the forum and it was recommended by a person with a high reputation, he will be responsible for it. Of course he will not return money to all investors, but he will lose his reputation.

Every single participant in this scam project. The team members, developers, bounty hunters, investors and literary everybody. If people are too lazy to check if the project is legit or not before taking part in it, it is their fault as well.

First of all the one who is mainly responsible for a fraudulent project is the one who came up with the idea of the project.

Secondly those who'll help to promote it (yeah, it's everyone's duty to be a watchdog- that's why they say ignorance if the law is no excuse. You have to know the right thing to do lol)

And lastly, environmental conditions. Sometimes a project may not be purposefully a scam conditions in the crypto environment can force them to shutdown thereby making them scammers.

it should be the responsibility of the development team because they are the ones who take full control, although there are some scam cases which cause only a few people in the team (not all) but still it is the responsibility of the entire team because they must be able to choose partners who good and trustworthy

You are fully responsible for all investments that you make in the crypto industry. this is why you have to have a lot of knowledge especially regarding ico, some ico come out and end up being shitcoin. this is where experience is really needed. so use your knowledge and experience in every assessment and research when you want to invest.

Of course all decisions are on the project owner. All teams in the project should be responsible for the continuation of their vision and mission. This should be a concern for investors, to reduce the risk of experiencing losses, always pay attention to how the team that is on the project is important. pay attention to the track record it has and see how the quality of each person in the project.

I think if you started to invest your money to some currency that you are interested to invest you must not blame the currency that you invested because you decided to invest to that currency and you take the risk of investing it in a unknown source. And I think we really need to learn to know and get more information about the projects that we like to invest.

Just try not to punish the projects that are genuine :)

It is unfortunate as it has made it very difficult for people like myself to find adopters of the token that genuinely want to see the project succeed.

www.platinumbridge.tech

We know why the scammer still creating new ICO it's because a lot of people still investing to scam project. If us stop toleraring those scammer for sure they will be tired to create ICO and for sure most of the ICO are release in the 2019 is mostly legit.

Only you are responsible, because you have chosen this project and you want to invest in it. Your only chance, if it was really a working project, but by coincidence it was closed.

In the crypto market, we cannot judge fraudsters. There is no penalty that deserves to steal more than a few million dollars. In the bitcointalk forum, mods only redeem and they can remove the red trust by donate for mods. It is very unfair to us.

for me this is one a difficult question >:(
even those scam projects writing their fake office addresses with fake teams is very disgusting
of course to find out who has to be responsible will be very difficult, and in the end we are forced to accept that this is all our own responsibility of course this is a risk that we must get if we don't have more knowledge

No one is responsible for all that and in my opinion punishment for people who have deceived many investors is "death penalty" so that in this world there are no more fraudsters like them. because I really hate fraudsters.

everyone in the project is involved in maintaining investor confidence. and Team is fully responsible for the failure of a project.
nothing should be debated in this matter. the problem is clear.

If truly scammers would reveal their identity, then that would have been a different thing entirely and they can be easily apprehended, but someone who knows that he can be easily caught of he is found guilty. So most times, the identities of people are stolen are they then present a fake team.

There is no responsible guy for a scam. I mean there are much more than 1 person who is responsible for that.
Scam is something you can't avoid, but if you have experience,then you have higher chances to avoid scam

Surely a regulation will put a limit to the scam projects. I think that a lot of people would deserve to stay in jail, but don't forget that the first responsibles are all the investors.

The fact is that some of the projects that end up as scam projects didn't really start as one, some of them started out legit but when they saw contributed funds, they just couldn't resist rennjng away with it.

You are making it sound like it's just a particular set of people that organise scam projects but the fact is that this is a decentralised space, anybody can start an ICO right now and many people are taking advantage of them.

I'm interested in how people find fraudulent projects. I haven't come across one myself yet. Or fate I have, to avoid them, or I'm just a little involving. But I have never seen such projects.

I think that ICO projects must be regulated by the government so that investors can avoid scam projects.

It is unlikely that someone should bear real responsibility for this problem. Of course, we all dream that someone caught and punished scammers. Indeed, it is much easier and more enjoyable to work without fear of the risk of fraud and loss of money. But such a risk will still remain in the future.

the project covered by the scam who chose the project itself. When already logged in on such projects will certainly be back again at how about analysis is done. analysis of goodwill brings to the project which produced the profit. the scammers are indeed guilty of this, but if it could analyze the election result certainly could be good also would be good.

I guess people that are ready to get themselves at at all cost through crypto at the expense of others are those that are responsible for scam project.

While no one controls this area, fraudsters can afford anything, even though because of this, many promising projects suffer!

Behind those scam project, single person isn't responsible. By group they do it. I passed some scam project, really bad felling HASHCARD is one that I bought some token.

It's the devs and project team launching the ICO's. Crypto is literally littered with tons of scammers.
Be careful and do your own research well before sending any hard earned crypto to any ICO.

because there is no valid law governing it, being trapped in a scam project has become a risk for the investor. especially this year distinguishing safe projects and scams is very complicated

Fraud projects make many people suffer losses and this often happens in 2018. With the occurrence of fraud projects, we must hold the Team and Project Managers accountable. Because the Team and Project Manager know how ICO works and become contacts between investors and Bounty participants.

Who will pay for the liar? nobody. Investors are voluntary. You invest in fraudulent projects and you are the first responsible person because you underestimate the risks. Therefore, fraudulent projects make you lose the problem of controlling your own investment risk. No one will pay for it.

No one is willing to take the responsibility of a crypto fraud. Therefore , it is very important for you to analyze the project extensively in othernot to loose your hard earned money . Day by day, several scam projects are being launched.

thats why investors must learn about the risk on investments first, thats the fact
i believe a good investors will be ready for the risk,, but not for newbie
so, a new investors should use their free money to make investments my friend

if you join a fraud project then the one responsible is yourself, because in investing in crypto you have to bear the risk yourself,
the police cannot help arresting fraudsters because of the absence of regulations and also the legalization of crypto