who is responsible for the scam project

[eaglewhite80]

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

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.

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.

[Sangkuni]

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.

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.

unfortunately the crypto industry has no legal power, so that all forms of fraud cannot be handled by the state law.

I think can,because fraud transaction,fraud investment,etc.

[giletto]

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

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

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

[uptown04]

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 .

[kokrokok]

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

[anatolykarpov]

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.

[moschinot]

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

[nikola22]

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

[ivankoh]

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

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.

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

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

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.

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.

[fortnite]

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.

[ven7net]

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.

[Sanchos]

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

[CryptoCoinArbitrage]

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. 

[markgayamo]

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.

[auroboros]

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

[Bosmuda]

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

[Whosdaddy]

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.

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.

[justdimin]

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.

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.

[zabir.brutov]

A lot of people  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.

[Andromada]

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