Why people are not fighting with post-ICO scams?

[CaMeRoNy]

They fight, it's just not always possible. There are projects that after the ICO just dissolve in the air and find any of its leaders is difficult, and those people who are responsible for PR, they say that we do not know anything, just paid for advertising, and we advertised.

[hellyah070]

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?

Well basically as cryptocurrency considered as a decentralized platforms, we don't need the help of any regulatory commission when there is a case of SCAM accusation. What we can only do is to try to bring back the reputation of the program before, and even put them in a lower position.

[bce]

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?

as we experience today there are so many gifts that are scam. but I think to fight it all is useless. because the gift of the scam will still exist even though we fight it all. yes we really need to fight. but our situation is not possible to fight it.

[Oceat]

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?

You can't tell that they aren't fighting for it especially if the sake here is about your own money, I've seen more scammed people are doing the investigation and so on. So that they will achieve the justice that those scammers need to be put behind bars and I've seen some scammers have been jailed and they deserve that thanks to their real profile and the evidence that those people who get collected in order for him/them to put behind bars.

[Dingdongjl]

For me, because its just a waste of time and still they will never get their money back, and trust me those scammers use a fake profile for sure try to be on a scammers position will you use your real identity if you planned to scam a lot of people?

[libert19]

I need to know what you mean by post ico scams, if you are talking about decrease of token price then investors can't do anything about it as they agreed to terms when investing.

[george_hured]

And what can be done with this? I think that people understand that scammers have already managed to raise your funds. This is exactly the problem. You just can not take your money from scammers, so there is no point then to talk about it.

[dhemasm]

This is an interesting discussion, there are many factors that make investors didn't continue into the legal sphere, But this in my opinion is a problem for most investors, the answer is simple, they are constrained by "Distance" (Majority). Some investors certainly think it's just a waste of time to continue their case and the costs that must be incurred to hire a lawyer, etc.

Note: This statement applies to most middle-to-small investors, for big investors or whale they of course will take a legal action.

[mickey_miner]

Because there are no laws that regulate this area of activity, so scammers and go unpunished.

[jvper]

This thread is important. While nobody acts, scammers will have a free road ahead to scam us out. Investors should get together in lawsuits.

[Maamejane]

Whom are you going to fight, the thing is due to the anonymity in the system it will be very difficult to trace anybody who scams you and due to different  country  locations how can you arrest someone, its just waste of time and another resources. All we could do is to open our eyes well so we don't fall as victims.

[EnormousCoin101]

Cryptocurrency is unregulated and scammers will be hard to find that is why investors just accept the fact that they got scammed by those fraudsters and they knew that if they try to track them down it would take a lot of time and some money so they choose to move on and find another project.

[inanilujimi]

rather than arresting ICO scams who do not have strong law, it is better to do in-depth research on ICO that you want to invest, isn't it explained from the beginning that all types of investment in responsible crypto are ourselves. therefore, before investing in ICO, you have to understand many factors so you don't regret it.

[Yoo]

Yeah I think, to be able to do that is not easy. And do you think you can do it too ? Try it if you can do it easily.
And I think, if I invest in an ICO SCAM so I prefer to lose my money than to catch them. Yeah, because I can't do that.
So, it's better to be careful if you want to invest in ICO.

[olabiyijummy02]

The most common icos that are run by project teams do not colleect money in private sale from investors who are likely to have a lot of money. what they do is to go straight to crowd sale and when used as much as they confirm what now investors who will win invest between $100 to $500 india project this means that in a case where by a team has come to its investors this investors are likely not financially bouyant enough to file a lawsuit against them all their countries far away from the present location of the isotherm which will make filing a lawsuit tricky and difficult

[Caladonian]

rather than arresting ICO scams who do not have strong law, it is better to do in-depth research on ICO that you want to invest, isn't it explained from the beginning that all types of investment in responsible crypto are ourselves. therefore, before investing in ICO, you have to understand many factors so you don't regret it.

You must do this before anything else, investors/traders who will manage to work with their knowledge will have a good opportunities to success
with this venture, you have to think wise and make yourself free to decide before working with ico business.

[TelolettOm]

They fight, it's just not always possible. There are projects that after the ICO just dissolve in the air and find any of its leaders is difficult, and those people who are responsible for PR, they say that we do not know anything, just paid for advertising, and we advertised.

Self-report many people are still confused where to make a report on ico that has the potential for fraud because until now there is still so much fraud that occurred

[aioc]

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?

Also wondering that but on Sparkster scam they have Ian Balina to head there, you cannot make an action if the ICO is located in England and you are in Hongkong it will cost you a lot if you are not a big investor of that token.

[gilangIDR]

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?

It is a risk and when we do protest it is a meaningless thing. Usually Scam projectors will definitely make things completely unreal and the information they have does not have the truth. so for anyone who wants to invest in an ICo project, they must be prepared to accept everything that happens. With their participation in the ICO project, it means that they are ready to face everything that might happen.

[waynechong1995]

It would be a hassle to actually get your case to be prosecuted against the real scammer, since these scams are all online anyways... and somehow their companies could registered in a different name, i mean gimmicks which make tracking them harder, and it takes alot money for the investor to sue them in a real manner, nobody likes their money get stolen nor they would like to stay quite, you see big scams like bcc took a long way to get exposed, which practice an obvious way of mlm, whereas there's alot of projects that failed with millions of ICO fund raise, and left with cents