How to get back invested money from ICO ?

[dumplingsandsushi]

Wow, this was posted a year ago when the ICO market was booming.
Now, it is the norm to lose money on an ICO.
In fact, with the recent crash, is there any ICO that is selling above ICO price?

Unfortunately, there is not much that can be done.
Even in the US where there are clear laws and agencies to deal with it, nothing much happens.
For example, the SEC cracked down on bitconnect, centra, and titanium, all very hyped up Projects with a lot of investors.
A year later, there is literally no time frame at all of refunds let alone if you can even claim your tokens back.
Just court dates to set more court dates.
So I imagine in other countries with less strict regulation, it would be basically impossible.

[tarable]

Hello, as everyone can see, a lot of ICO's price dropped significantly and founders are not delivering anything, because they don't care. People lost their money and hope.


Is there a way to get investors money back by involving government and police?

What if collective group of investors opens a lawsuit similar like is happening now with Tezos?

I think getting investors' money back is not easy. let alone involving the police, of course it cannot. because a risk in the crypto is borne alone without anyone's intervention. so we can't complain to other people.

[syarifbitcoinishack]

What if collective group of investors opens a lawsuit similar like is happening now with Tezos?

Although this can be done but it seems to be very difficult and requires a lot of time, considering that each ICO participant is in several different countries

Is there a way to get investors money back by involving government and police?

ICO is almost the same as investment in general, when you get a loss it is very impossible to request a refund. Although, it has involved the government and the police
Before investing, surely you will be asked to agree to their terms and conditions, so I think whatever happens you must accept it

[victory.lil]

You should participate in such projects, in which the rules state that if the market collapses, your invested money will be worth the price you bought, there are a lot of such projects today.

But you understand that there are very few such projects and it is usually very difficult to take part in such projects, because these guys immediately charge fees very quickly, since they do not require large investments.

[Oilacris]

Hello, as everyone can see, a lot of ICO's price dropped significantly and founders are not delivering anything, because they don't care. People lost their money and hope.


Is there a way to get investors money back by involving government and police?

What if collective group of investors opens a lawsuit similar like is happening now with Tezos?

You cant do anything about it and this isn't only happening on TEZOS but on most projects on the market as of now which they haven't delivered on what they
have promised when they are still starting up. Come to think of that even legit projects do still struggle into their price on the current market condition and also
consider that there are lots of shitcoins in the market.

[victory.lil]

It would be great if the ICO model were changed. It is necessary to integrate something very similar to the skeleton of the algorithm, which would have a lot of conditions under which developers would receive investor funds. That is, to achieve the goal, investors receive some of the funds.

[dizzy1996]

At the moment there is no, cryptocurrency in most countries is not a valuable asset, and there is also no legal framework that should regulate the activity related to cryptocurrency, you just have to wait and hope that the cryptocurrency market will go up and you will get a profit

[MSTuTeJIb]

Hello, as everyone can see, a lot of ICO's price dropped significantly and founders are not delivering anything, because they don't care. People lost their money and hope.


Is there a way to get investors money back by involving government and police?

What if collective group of investors opens a lawsuit similar like is happening now with Tezos?

I think that you will not return your money from the ICO, unless they can collect a soft cap and return all the money back to investors

[harapan]

no authority is responsible for your complaint, even if you report to the police station you will only be laughed at.
Did you not learn beforehand about the ICO rules? Your risk and loss is your own responsibility, yes this is the risk of this investment.

[Cryptrx]

That's the risk involved in investing in cryptocurrencies, almost every ICO is based promises that may or may never be fulfilled and sadly nothing can be done about it.

[louisBSAS]

Hello, as everyone can see, a lot of ICO's price dropped significantly and founders are not delivering anything, because they don't care. People lost their money and hope.


Is there a way to get investors money back by involving government and police?

What if collective group of investors opens a lawsuit similar like is happening now with Tezos?

If the project was registered to a legal entity that is in a country with good laws, then you can try to contact the law enforcement agencies and the courts of this country. If the project was registered in the offshore zone - then you can not do anything.

[cathat]

If there was a KYC system and user agreements indicate that you are investors, you need a collective statement or legal assistance at the place of registration of the company.

[carrascos]

you cannot return your money that you have invested, it is unrealistic and you should understand this when you invested money

[chanler]

Involving government and police? Well, first you must note is that "does your country legalize the crypto?'. Additionally, it is important to note that "investment will only involve two things "profits and risks". If you are ready to get the profits, so you must be also ready of the risks. Investing in crypto, especially in ICO is also very risky. Investment is not only about getting back your money higher in only few months. You must be more patient to wait for a year or more. Just be patient and be careful before investing. I'm sure that there are still many ICOs that offer promising future.

[Cloud_miner]

Each person has his own strategy and tactics on this. Some people do not do anything continue to keep their coins - this is the most safe and secure option. For those who like to take risks, you can try to re-invest your money in some new project.

[HappyCaptain]

every time you join on any ICO there is always a terms & condition that you need to consider when putting your own money, the value of tokens is usually fluctuate once it is on the public market and the team has no control of it but they can make it rise if they deliver the product and increase the demand for the token.

[transformt]

I think that only through the court it is possible to achieve a positive result in this difficult matter.

[Gargo]

Before you invest in ICO, you should check the whitepaper and the people behind the project very carefully.
Whether you can recover the invested money depends on the legal regulations in the country in which the project / company was registered.
Before you start taking any steps, check whether the project develops in accordance with the announced roadmap .. it is possible that the work takes place behind the curtain and everything will be fine.

[trahaubab]

No one is controling ICOs, so you invet your money in ICO at your own risk. Everyone says that it is risky, that is true, so preapare yourself that you may lose your money.

[bummm]

As long as no one regulates the ICO it does not make sense to involve the police especially in those countries where crypto is not allowed by the government. You need to invest in Bitcoin and wait for profits.