who is responsible for the scam project

[george_hured]

A lot of words have already been said in this direction, but I think that today there should be a legal basis for this problem, according to which people who once had very large robberies will be judged.

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[puremage111]

Of course the scammer itself

Somehow the investor shall be blame, some people don't read and introduce the project to others, its really a bad practice because of the "referral reward"
Hence, i believe #1 is of course the main project scammer, then everybody else

[escalante28]

For me those Marketing promoter especially  those bounty managers and bounty  hunters who keep promoting even though  they know that the project will fall in Scam at the end of the ICO.  Specially  those who promote selfdrop ICO that have a hardcap of 400 to 600 eth becuase that is totally  a scam, know why?  They promise lot of good Return Of profit even  they don't have a company,  don't have goals even they have it is impossible  for them to fulfill  it because of the hardcap they  have that can't even start a business. That is very fanny for those who keep  promoting  it.

[tisoysoy]

For me those Marketing promoter especially  those bounty managers and bounty  hunters who keep promoting even though  they know that the project will fall in Scam at the end of the ICO.  Specially  those who promote selfdrop ICO that have a hardcap of 400 to 600 eth becuase that is totally  a scam, know why?  They promise lot of good Return Of profit even  they don't have a company,  don't have goals even they have it is impossible  for them to fulfill  it because of the hardcap they  have that can't even start a business. That is very fanny for those who keep  promoting  it.

The person who will be responsible are those who manage in a project, if they are not able to paid back for participants then approach them and get some solution ,it's not about that if they are going to manage again a project expect for a negative result they are already able to determined the background at first.

[chocopapaya]

Wouldn't the ones lying, cheating, and stealing be the ones responsible?
Of course, if people recklessly invest in a project without doing research and are easily fooled, then I don't have much sympathy for them.
But it doesn't mean that they did something wrong, just made a poor decision.

The ones doing the scam project, however, are definitely doing wrong.
The thing is though, I don't think there are that many actual, real scam projects.
When someone loses time or money from an ICO, they tend to yell scam really quickly.
But most of the time, it's just a really poor company that couldn't manage themselves well.
Most startups end up going out of business within the first two year.
Not because they are cheaters, but because they don't know how to run a company.

[Evushko]

Responsibility rests solely with ourselves! They themselves believed, they themselves spent their time and a lot of effort!

[Xising]

Fraud projects are done by people whoi targets to con the unaware investors. It is very difficult catch them. So, what punishment they derserve should come only after they are caught.

That's right. They simply prey on those who doesn't know much or who only tries to invest at something without actually knowing about its background. The unfortunate part there is that most people would discount the fact that as much as the people who make these scam projects are to blame, partly, they are too because they had all the resources and most probably the time to study and get to know the project before they could have invested in it, but they didn't and so part of the blame goes to the investors themselves.

[dizzy1996]

Think for yourself, at the moment in this area there is no service which deals with the re-certification of projects and this is very sad as every day more and more fraudulent projects appear on the market with which it is impossible to fight

[ifightformerkel]

In many countries, there is no responsibility for this kind of fraud, which is why you can find so many ICO frauds.

[LordShanken]

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

And who will punish them? It's anonymous. And scammers certainly will not show their identity to the whole world. All the names and photos of dummy

The project should be registered as a legitimate company in some place. (Therefore, before investing, it should be checked good where the ICO is registered). If the country in which the ICO was registered has legal regulations, the developers should be chased by the prosecutor's office in country of ICO registration. If the country of ICO registartion don't have regulations, probably money is lost.

[Huntler1993]

I think everyone is responsible from the initiators of the project down to the investor out there since everyone is at fault. There is actually no punishment for anyone but i think if we introduce such a thing it will safe a lot of people from these bad people.

[sandgluenick]

no one can be blamed entirely because the other party is looking for profit and crypto has not been able to create a system for fraudulent projects. we will be very easily affected by fraudulent projects by offering free tokens and sweet promises. to avoid getting more study and analysis before joining. proper punishment is court law

[sergey1301]

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

There are a lot of scams in ico projects. They're hard to figure out. Most novice investors have been deceived.

[Ria Sakurai]

If scammers come from Swiss you can report them to the government and get back your money, it's not an easy process and cost a lot of time, better to stay away scam project and you will not meet any problem with your money. Some countries do not solve cryptocurrency scam cases so your money gone forever.

[roy12875]

The is the main point why the government want to ban all the ICO and crypto, anyone can create the coin and the token easily, but they have not the real product or the team, after the ICO finished, they all gone and the investor will lose the money, the scammer will go hell after they dead.

[guffie]

We do not know who is responsible for the ICO project fraud. As we know that Bounty managers cannot do anything when the project they are working on is fraud. But if we do the work carefully and do research, we can certainly get a good project.

[sekop]

No one is responsible for your fate if you are stuck in a scam project. Therefore, you must be careful when choosing a project, first, investigate all the information contained. All risks arising from crypto are borne by the individual, as much as possible you can minimize the risk. Because if you get optimal results, you don't get tax from crypto.

[vanya.pronin.1983]

The team of an ICO is responsible for the poor marketing management, bad organisation and the lack of funds. You cannot blame bounty hunters or the lack of investors, because if the team is going to scam us, we can only spread this news on this forum.

[george_hured]

Of course the scammer itself

Somehow the investor shall be blame, some people don't read and introduce the project to others, its really a bad practice because of the "referral reward"
Hence, i believe #1 is of course the main project scammer, then everybody else

I fully support your opinion, I also believe that it is necessary to start working on the verification of projects that today continue to deceive people and today it is necessary to try to bypass such projects.

[heritage35]

Who is responsible for fraud projects.

This is a question that once got me bothered, because i saw some projects that have the tendency to succeed, yet they will still go ahead to scam investors.
The conclusion i gave about this is that,  if a man does not have integrity or reputation to protect, he would scam. So know the team of the project.