Are scam ICOs going to draw the attention of governments?

[meliodas]

I think if those ico are going to use fiat currencies as an option of payment for their ico i think thats the only time when they will draw attention from government specially if they have collected a huge amount of money,

[pey]

Actually there is no need for extra attention, if anything is wrong, it is sure that it will be prosecuted ultimately and those who are scammer will found themselves in danger.

[greply]

I think if those ico are going to use fiat currencies as an option of payment for their ico i think thats the only time when they will draw attention from government specially if they have collected a huge amount of money,

Good point. Perhaps if some ICOs accept  fiat the government will have a better understanding of how to go after them considering the legality around crypto is so ambiguous.

[omonuyak]

For the Governments to establish a law that will control cryptocurrency they most have a concrete reason to protect consumers, limit the activities of terrorists, fighting scamming activities and criminality. Scamming who are claiming to be an owners of ICO and published their coins here for investment provide the best reason for governments regulatory agency to flash they touch lights into activities of cryptocurrency with the aim to control and regulates it. The way people are loses millions of dollars values into the pocket of this evil scammers is alarm and something urgent need to be done to stop this madness. Op thank you for bringing this topic.

[Taki]

I didn't see any news that scam ICOs ever were punished by the low. Maybe I skipped something? Tell me if government paid attention on this actulal grabbing of peple and used the necessary punishment. I think such ICOs will just blow if necessary moves will not be provided.

[Rhosadah]

I think with the emergence of ico scams, which we declare need to get legal protection be it consumers or companies that are doing ico, now there are many events that benefit ico services.

[TheTribesman]

With the massive rise of ICOs over the last few months, some of which have been straight up scams and ponzi schemes, will this expedite the entrance of governments into the world of crypto in the name of consumer protection?

Which government? The UN?

[Ahimoth]

Many governments don't give a shit about protecting their citizens from scam. All ICOs will move to these jurisdictions.

Yes its true. Unless bitcoin is legal in a country, it's centralized and government have benefited to this, they will protect the people from scam. But the mere fact that bitcoin ia decentralized so they will not give a shot on this matter.

[Spoetnik]

The SEC issued an investor fraud alert for crypto coins.
IRS & REV-CAN Tax laws were made official.
Ripple was fined by FiNCEN.
Guys buying BTC with LocalBitcoins were arrested by the FBI.
Coinbase has an ongoing lawsuit with the IRS.
Cryptsy had a class action lawsuit succeed in getting money.
Poloniex takes users ID to remain AML/KYC compliant.
Gavin Anderson met with the CIA.
Spoetnik gave Bob Barker a hand job back stage to get on the Price is Right.

..guess which one of those things is not true

"draw"?
Uhmm that boat sailed.. It's called the crypto-titanic.. Full steam ahead investards!
Can't talk.. Too busy posting opinions on Bitcointalk!

Maybe talk to Artem about how Coinbase rated him out.
Or Cryptsy staffer BitJohn about how they would lie to customers about network problems then freeze their money and then hand over their info to Fed's.

Don't mind my FUD NOOBS just keep posting.. YOU KNOW THINGS!