Why people are not fighting with post-ICO scams?

[Hivalley]

Anonymity and a lackadaisical attitude should be to blame for all this, the organizers of this scam projects try their best to stay anonymous as much as they can, though their CEO's could be traced with a little more effort, but lacklustre attitude from investors help them to get away most times with such scams 

[BADBITCH]

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?

Yes you are right that many icos are created by real profiles
But many scam icos are created by stolen profiles, which means even the police cannot help
Because even details used on social media platforms are also falsified

[Jaggi90]

The thing is , people are not in unity. If all the holders of scammed projects unites together and raise their voice , some crucial step can be taken against the scammers. Due to lack of unity, scammers are roaming freely.

[Ostonian]

After cheating, investors are trying to get their money back, but it’s pointless. There is no clear legislation that would regulate the ICO and therefore there is no point in contacting the police, etc.

[Ararbermas]

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?

no mate ico's are not created by real profile especially if the real intentions behind is just to scam ppl..  If you make a research you are able to determine it. which the fact that mostly are using fake identity reason why ppl are preferred to be silent because complaining is always useless.

[sujonali1819]

The OP have indicated an important point. We should start to fight with scam icos. But it is hard for these reason I think. That are
1. Maximum Ico profile was verified by fake identify for that find out them does not easy.
2. Secondly Many country is not supporting crypto. So they don't try to take the case. Even The complaints  can be arrested for using crypto.

[TopTort777]

It is difficult to fight scam, because it is very hard to take scam organizer.
Most countries, where company is registered, doesnt have a law that regulated crypto investment scams.

Even if police arrests the ico owners, then how to sue them? What law they have broken?

[cryptowolfsu]

Many investors want to forget they were scammed and move forward. There are also investors who fight back
and they are united and bring it to the court. ICOs needs to be regulated ASAP that investors could have some
protection against scammers.

[Cryptrx]

The major problem is that crypto is a faceless currency, most of those scam ICOs hid under the guise of fake identities to carry out their scam, so you can't sue anybody and besides most of them come from different countries where legislation differ.

[radokan]

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 they will waste more money on lawyers and police probably won't find persons guilty for fraud, and if they do it is big question if they will get their money back. And many investors know that when they invest in ico there is very high chance they will lose money.

[taufik123]

it is very difficult to apply the law to the ICO scam and even developing countries do not support ICO. all profiles on ICO are fake and anonymous scams. the transaction that is used for investment is Blockchain, which has only a trace of transactions without knowing the person behind it. All depends on investors who contribute to the ICO, must be careful to choose ICO so that they do not get an ICO scam, further research is needed so that your money is not lost.

[Omela44]

I think it is the consequential cost and effort, why so many people are after a scam inactive. As these scams go global, it will certainly not be easy to find the criminals.

[overnight03]

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?

What can we do? Investment is always risky and we cannot avoid it, especially the cryptocurrency market is anonymous, no one can control even the government and the banks.

[skiorf]

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?

Maybe that is not because people doesn't wanted to fight back against that, maybe people already feeling tired from all those kinds of cheating, so they choose to do something else that could be more promising.

[kawetsriyanto]

Scam ICO project always becomes the highest risk of investors and all participants in that project.
However, when being scammed, most of them are not aware, mostly, they will notice about it after some announcement or even all kinds of access to the scammers are disappeared.
I'm sure that all investors really feel lost about this. But, it doesn't mean that we don't fight. Nowadays, there is still a very small way to find the scammers, how can we report it to the police? We don't know where the scammers are, and sometimes, crypto is not legalized in the country so many investors prefer not to call the police.

[Robotbitcoin22]

the ico pattern itself must be changed and also on average all of them are still confused when they want to do a report about ico where there is potential fraud, because maybe the reports in their country still cannot be investigated clearly

[Lakai01]

Just ask yourself why you didnt take such actions against ICOs which scamed you ;-). I think most of us dont feel that it is worth the effort, especially when you just invested your time as a bounty hunter and not a single dollar.

[beerlover]

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?

Understand that the system is a decentralized system which that word alone has already neutralized all forms of legal involvement because these people you mentioned can only come in when government recognizes crypto currency generally and probably legalize it, all the ICOs you have participated in, is there any document binding you and the organization? No.

Also, remember that when it comes to ICO, you are not dealing with your country citizen, you could be dealing with someone in another continent entirely, how you use your country police to do that and the stress of also going through Interpol is high. 

[Pffrt]

Who will fight? Whom have you referred? Aren't you one of them? The first fight should be started by ourselves. And people are fighting. Have a look on reputation thread. ICOEthics has already busted a lot of ICOs. Some other people also doing the same.

[omonuyak]

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?

Since cryptocurrencies is not legalized it is very difficult to take legal action against the scammers!  I think the icos scamming activities affects the cryptocurrencies market and that is why those people been scam only have to remain in silence and stop investing.