Punishment for ICO scams!

[indobitcoin.tk]

sanctions for it, of course, many will even heavy. but to be able to keep track of such things is not an easy matter. able to catch or even know the course is already a remarkable thing. especially if to give sanctions would certainly be an achievement. of course, clear this form of crime and fraud. This could simply be brought to prison if processed legally.

[1715097503]

1715097503

[aoihs00]

There are laws which can be applied to ico scams. You may file estafa charges in your jurisdiction as long as the entity is within the powers of it. Otherwise good luck with filing those cases. They cannot be punished unless they are charged with cases.

I am not sure if we can do that so easily. First of all when an ICO comes out over the internet then we just see the superficial things about it and nothing else. If you see the ICO then they may or may not publish the address of their physical office, who knows that may not even exists out there. If there is no physical info then how would you go for filing the case? Just based on the website? How could anyone file complaints if thats the case. I guess it could be hard to digest if anything like that happens and if we get scammed. We have to move one! This is the way crypto works .. . .

[Benarand]

It seems to me that scammers are getting bigger every day. Unfortunately, it's probably impossible to completely filter them, and not every manager will bother with this. And they will not punish them soon. It is very difficult to catch them. Therefore, everyone is often deceived.

[piaomar]

basically, we can't punish the perpetrators of scam because we don't know who they are. certanly, we have to avoid the scam ico by choosing a good ico. lots of ico legit that can still be followed. it all depends on how we can choose ico well. before choosing an ico it would be better if we understand the project it first.

[Huruharacorp]

There are laws which can be applied to ico scams. You may file estafa charges in your jurisdiction as long as the entity is within the powers of it. Otherwise good luck with filing those cases. They cannot be punished unless they are charged with cases.

hopefully, with the tightened ICO regulations at this time, it can reduce the number of fraudulent ICOs, so that more and more investors are interested in the ICO and many more trustworthy projects

[levvv]

Hi, everybody. Faced with a lot of fraudulent projects that collected money and quietly left. What sanctions and penalties are applied to them? If you know something, tell us, many will be very interesting to hear)

Maybe Ethereum network can have a feature to freeze the address of scammers. Or at least the exchange that receive coins from scammer addresses must be freeze. Later if the detail indentity of scammers can be found in exchange database, then we can sue the scammer.

[No One]

The idea is very much good. As scammers are punished, others will be discouraged to cheat people in the name of ICO. I think regulations is best way to stop scams. Another way is punishment, jail and fine. If scammers are jailed or fined, it will discourage others to defraud people in the name of ICO and it will help prevent scams in ICO.

[arnoldspicemerchant]

The punishment for fraud must be inevitable and harsh. But the most important thing is to prove that a person committed fraud. The failure of ISO is not yet proof of fraud. The most important facet in the crypto industry should be the body that investigates and punishes.

[Convery]

Hi, everybody. Faced with a lot of fraudulent projects that collected money and quietly left. What sanctions and penalties are applied to them? If you know something, tell us, many will be very interesting to hear)

Nothing. They are free to scam people. Nobody will arrest them because in many cases we do not know who are the scammers. It is easy to scam in crypto because no regulations, you dont need to provide your real name anywhere.

[Evolver]

Hi, everybody. Faced with a lot of fraudulent projects that collected money and quietly left. What sanctions and penalties are applied to them? If you know something, tell us, many will be very interesting to hear)

Nothing. They are free to scam people. Nobody will arrest them because in many cases we do not know who are the scammers. It is easy to scam in crypto because no regulations, you dont need to provide your real name anywhere.

That is why the market is more dangerous than ever, in my country, cryptocurrency is not protected by the state, if I have been cheated in this market, the law will not protect me.

[rltim555]

There is no way to punish scammers. if they don't disclose their faces and private information, you won't find them, but in case of titanium, Envion and Centra, owners diclosed info and now some of them are imprisoned.

[crypthomonkey]

Hi, everybody. Faced with a lot of fraudulent projects that collected money and quietly left. What sanctions and penalties are applied to them? If you know something, tell us, many will be very interesting to hear)

i think that soemthing should be done with the scammers but i am jot sure what exactly and i just hope that theynwill be punished

[crypthomonkey]

There is no way to punish scammers. if they don't disclose their faces and private information, you won't find them, but in case of titanium, Envion and Centra, owners diclosed info and now some of them are imprisoned.

well if there is no way to punish them and make them stop then we should learn how to avoid them and do not let them steal our money

[dizzy1996]

In my opinion, it is necessary to create a structural division of specialists who will check the projects before they are released for sale, and you can also create a specialized service that will already have validated projects, after these actions I think fraud will be less

[bit..what?]

You can not do much against the whole ico scam.
I am also in favor of punishing such people.
But how you can do that, i do not know, unfortunately.

[sieemma]

Bitcointalk is not the best place to punish people after them scamming people because if someone plans to scam us, they will not use their real identity so how is bitcoin going to be responsible in dealing with them. The best that can be done is that all icos should be regulated by the government to deal with the people who scam us.

[lang shao]

Hi, everybody. Faced with a lot of fraudulent projects that collected money and quietly left. What sanctions and penalties are applied to them? If you know something, tell us, many will be very interesting to hear)

Since crypto is decentralize which also means there will not be any government intervention as of now. So i does not think there will be a punishment that will be lift on scam ICO. I am also interested to know if there is.

[TuKillerBR]

As far as I know, there is no punishment at the international level. But if a project is based in a certain country, it can be tried for fraud.

[_crypto_moon_]

In some countries, such as the United States, there are government organizations such as the SEC, which are engaged in tracking all types of currency transactions. For each category, these organizations create their own rules and regulations and punish, including fraud in the field of cryptocurrency (ICO).

[CryptoDimas]

At the moment, the topic of punishment for the ICO scam is very rare. In almost all cases, everything remains with impunity. If Iko scum, it is unlikely that someone will return something to you.