Why people are not fighting with post-ICO scams?

[sorrros]

Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?

[ajdar.muxin.79]

I believe that the most people in this industry prefer to stay anonymous and in the most countries such things like ICOs are not covered by law or government. So in the best case, you are going to lose your crypto or pay a lot of taxes.

[donass1]

Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?

I have wondered same too. But I feel the problem is due to lack of cohesive thought among investors and the fact that most times it may become a futile effort costing a lot of resources as well due to obscurity nature of cryptocurrency

[Ifychuks]

I think people shy away from doing that because the law do not support crypto yet in most countries. Nevertheless, it's still a crime and investors should gear up against scam projects.

[MrGGates]

Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?

because it's not easy to catch fake ico actors, many also use fake locations or fake profiles, so if we want to catch fake ico perpetrators, we have to gather strong evidence

[ccsang]

I don't think it's easy to fighting with ICO scams, investor are not silent, they don't know how to do, that's not easy to get back our money, tried to check bitconnect ponzi scam and the latest one is Athero, team silent after ICO and don't have post within 1 month, they told us go to vacation, but seem like is exit scam, I don't think mercatox exchange will help investor caught them. Arrest them ? ... not easy than as you think.

[Thanasis]

Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?

But nothing is going to help then to get their money so fighting after they got scammed is just wasting more effort.If you really care about your hard earned money then you need to do your research before investing on to it.

[slaman29]

This is an underlying problem that is extremely difficult to tackle. A general lack of education and awareness leads most people to make bad financial investments, whether it is an ICO scam or HYIP, etc. And that same lack of education that leads them to not be aware of their rights and go for legal action.

Or it could be a simple case of not making that much losses. I know if I invested $10 and it got stolen I wouldn't do anything about it.

[Fluxtorrence9]

The cost of getting these people arrested is another thing to consider ,it won't be a small money but the only way is to scream out loud maybe our voices can be heard? There must be a way that the FBI heard about the bitconnect scam right?

[Bttzed03]

What made you say that they are not? Is it because investors going after fraud ICOs do not post here?
There's a reason why we see news from time to time about SEC going after certain ICOs.

[levyashin]

Most ico scams say they raised millions of dollars total but in reality, they only scam a couple of people who invested just a little. The biggest part of the scammed people is bounty hunters because they did work for free but they are used to it and it is better compared losing a huge amount of money.

[itasannah]

I thought of making an arrest or fraud, then being taken to a legal desk would be very difficult. Even though in my country Cryptocurrency is still pros and cons. So that there is no legal force that can enter the scope of Cryptocurrency.

[Metall303]

in order to arrest such scammers - you need to first find them. I am sure that special services are looking for these people. recently arrested the man who organized the onecoin pyramid. sure to every scammer will be catched and will be called to justice

[guffie]

in order to arrest such scammers - you need to first find them. I am sure that special services are looking for these people. recently arrested the man who organized the onecoin pyramid. sure to every scammer will be catched and will be called to justice

Yes, I agree if these fraudsters are tried. They were very problematic and caused many Bounty investors and hunters to suffer heavy losses. Now more and more sophisticated tools and I think they will be easier to know.

[BitcoinHunt3r]

Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?

Disclaimer, that is what some ICO project use to make them safe. We can't do anything because in disclaimer, all risk already described and any risk about investment is taking by investors. That is why people must read whitepaper carefully before invest in something.

[X-ray]

Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?

Do you think it will be easy as you said? It needs a lot of time and effort. if we are getting a bad news about ico and we will spread it to another. but the problem is there was a lot of shillers.
Many scam icos created by fake team that used others profile and then put it into the site.

[terrorJR]

Hello, we are all witnesses of ICO scams. But I am just wondering why people are not fighting against it?
Why people, especially investors are silent. Why they do not try to do as much as possible to get their money back? Calling police, lawyers and so on?
Many ICOs are created by real profiles - so it won´t be hard to arrest them, right?

Do you think it will be easy as you said? It needs a lot of time and effort. if we are getting a bad news about ico and we will spread it to another. but the problem is there was a lot of shillers.
Many scam icos created by fake team that used others profile and then put it into the site.

Yes, it really took a long time to find the ico scam because they didn't know where the position was? So in my opinion it is very difficult to find the perpetrators, so you must be careful when choosing ICO.

[livingfree]

Many have done but there's no way for them to track those early projects that ran their money. There were scams that already have been caught and if you are aware of the news on US, SEC is doing their job.

Most of the ICOs now are requiring KYC and this is part of that standard. I don't invest to ICOs because things are going bad now to be honest and investors who have been following the trend are doing it wrong.

[Red-Apple]

because people who have ever invested in any ICO ever belong to only two groups none of which want to do something like that.

the first group is the gamblers who have been in this market who know that they shouldn't waste their time with nonsense like that. they only want to get in, try their luck, get a big profit and get to the next shit as fast as they can to maximize their monthly profit.
these people won't waste any time. that time wasted on chasing nonsense can be spent in some other shitcoin being pumped to make quick profit.

the other group is the newbies who have no idea what is going on and only fall for the advertisements. they are like the kid who get in the van with promise of candy.
these people are not capable of fighting anything and they don't even know how to do it.

[Coltpython]

This comes as a result of the fact that cryptocurrency is not really regulated and as such there is no one to report to when icos scam investors. Also the laws in many states don't have anything regarding crypto so its usually hopeless trying to get the Scammers to book