Bitcoin Forum
November 02, 2024, 09:22:53 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 9 10 »  All
  Print  
Author Topic: Punishment for ICO scams!  (Read 1969 times)
Paha87 (OP)
Jr. Member
*
Offline Offline

Activity: 252
Merit: 1


View Profile
July 18, 2018, 06:40:25 PM
 #1

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)
kingzpro
Member
**
Offline Offline

Activity: 756
Merit: 13

DIFX - Digital Finacial Exchange


View Profile
July 18, 2018, 06:43:07 PM
 #2

I think no ico scammer has been brought to justice uptil now but many cointries are busy in setting rules and regulations where only legit ones will be allowed to raise funds and the scammers will be caught and punished.

carcas
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
July 18, 2018, 06:45:37 PM
 #3

How to punish them? they create fake data ranging from the ICO structure to the team that developed the project. hard to find those who create fake ico projects.
Tanya78
Full Member
***
Offline Offline

Activity: 434
Merit: 100



View Profile
July 18, 2018, 06:55:56 PM
 #4

I did not hear the scammers being punished. Probably it is for some reason impossible. Although byloby beautifully, there are fewer mossins.
Silifatmuda
Newbie
*
Offline Offline

Activity: 107
Merit: 0


View Profile
July 18, 2018, 07:00:52 PM
 #5

I think this would be a good idea.
Because if there is punishment for fake ICO or ICO scams
those involved will be scared to do such and as a result of this, it
would minimise the amount of scam or fake ICO we see.
Fedor2018
Jr. Member
*
Offline Offline

Activity: 294
Merit: 1


View Profile
July 18, 2018, 07:01:00 PM
 #6

Unfortunately, there is impunity, so Scam so many and they are nothing to fear . Take it as a bad experience and continue to work with cryptocurrency and projects

http://SPORTSFIX.io
●   BE A GAME CHANGER   ●

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Cryptomania098
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
July 18, 2018, 07:03:12 PM
 #7

What punishment do you want to give those that scam you when they have already gone away with your money and besides you don't know them, they are anonymous. How do you fight a person you don't know. You should just be careful whenever you want to invest, that's my advice.
freshbcash
Jr. Member
*
Offline Offline

Activity: 68
Merit: 1


View Profile
July 28, 2018, 03:44:05 PM
 #8

There is no clear answer to this question. If you focus on them, you probably should buy a young and promising coin.
Lindazz
Member
**
Offline Offline

Activity: 238
Merit: 10


View Profile
July 28, 2018, 03:45:38 PM
 #9

Currently, there is no law limiting these ICO items.
Therefore, this is also a worrying problem, so many ICO projects are hype or fraud.

DCC│Distributed Credit Chain
    Empower Credit, Enable Finance   
GithubFacebookMedium ‹‹‹dcc.finance››› RedditTwitterTelegram
d2s4
Member
**
Offline Offline

Activity: 294
Merit: 12


View Profile
August 02, 2018, 10:09:49 AM
 #10

Such position looks like quite logic and really right. I think that it will be very useful for cryptocurrency market's development and being clear for each side.

  ❑  GOLDMA ❑     Facebook ✰  Twitter ✰ Telegram ✰ Whitepaper    ❑  GOLDMA ❑
  ICO JULY12th,2018    Gold Mining Asset (GMA) Digitizing Gold Assets  END OCT12th,2018
██████████████████  Crypto-Based Gold Royalty Token ██████████████████
warwar
Hero Member
*****
Offline Offline

Activity: 798
Merit: 505



View Profile
August 02, 2018, 10:13:46 AM
 #11

There are no scammers if we dont get scam! This statement will really comes first in my mind but how do we detect that ICO or Bounty is just a scam? As my self ive been in this forum for a quite some time but before there are only few that is scam project that could be easily to detect but now those scammers tend to be legit at first but later on if they saw what they collected  they tend to run away bringing our money.!
redoxet
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
August 05, 2018, 07:06:41 AM
 #12

Fraudulent ICO projects are prosecuted under the law under the criminal code of the Russian Federation, the penalty is up to 20 years in prison.
kritiana008
Jr. Member
*
Offline Offline

Activity: 143
Merit: 1


View Profile
August 10, 2018, 10:06:45 AM
 #13

I suppose that scam will be always here and we could not be able to solve this really actual problem. I suggest to be more careful here and to protect yourself from such troulbles with every methodes that you even now only.
infonik
Newbie
*
Offline Offline

Activity: 107
Merit: 0


View Profile
August 10, 2018, 10:08:37 AM
 #14

Tragically, these fraudsters are not subject to any sanctions and punishments, because the current market does not have any legal and departmental supervision, here is like a vegetable market!
mahvia
Copper Member
Newbie
*
Offline Offline

Activity: 226
Merit: 0

who am I to judge. I only flame


View Profile
August 10, 2018, 11:08:37 AM
 #15

Plexcoin has an interesting case going on. just google it and you see some actions going on in Canada and USA. founder was/is? in jail ..
Mohamme
Member
**
Offline Offline

Activity: 224
Merit: 10


View Profile
August 10, 2018, 11:09:39 AM
 #16

It is regrettable that there is currently no means of restricting these ICO.
Because so far only the U.S. SEC has begun the arrest of fraudulent ICO projects.

Fenderr
Jr. Member
*
Offline Offline

Activity: 293
Merit: 4


View Profile
August 10, 2018, 11:13:15 AM
 #17

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)

Presently there are no known sanctions and penalties for fraudulent ICO's due to the fact that the industry is highly unregulated at the moment. So it's very easy for fraudsters to get away with almost anything now. When the news about Centra being a scam hit the space and that the devs had been arrested, it brought some hope for sanity in the space. But many scam ICO's go unpunished.
jacksonmark30
Newbie
*
Offline Offline

Activity: 91
Merit: 0


View Profile
August 10, 2018, 11:16:21 AM
 #18

Yes, many countries have started to draft regulations on ICOs. Hopefully this will help lessen scams. In addition to that, a project called Menlo One is launching its ICO listing marketplace within the year also to help weed out scams and provide legit projects the funds they need. This is their site and whitepaper: https://www.menlo.one/
Abiodun99
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
August 10, 2018, 11:34:38 AM
 #19

Unfortunately we do not have right now, and of course, we could have one that will and can monitor this scam Ico, because they are vain in our industry and they should be stopped once and for all.
takngantuk
Full Member
***
Offline Offline

Activity: 1024
Merit: 100



View Profile WWW
August 10, 2018, 11:41:12 AM
 #20

Yes, many countries have started to draft regulations on ICOs. Hopefully this will help lessen scams. In addition to that, a project called Menlo One is launching its ICO listing marketplace within the year also to help weed out scams and provide legit projects the funds they need. This is their site and whitepaper: https://www.menlo.one/

good news, I like and support it. hopefully this ICO scam will decrease. and if it is true that all countries are now drafting regulations for the ICO, I am sure there will be a positive impact on Crypto.
Pages: [1] 2 3 4 5 6 7 8 9 10 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!