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Author Topic: Do scam ICOs really taken to the court?  (Read 612 times)
WalkerIVIV
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January 21, 2020, 03:20:39 PM
 #101

I saw some of the scam busters in the forum talking about taking the case to the court on scam ICOs, my question is, is it really happening.

Can you give me scam ICO that was already taken to the court and teams are being punished?
I know about Centra.. so give me others.
WPP project, a project with wide vision and attracted 60 million dollars and then the comedy of the development team.  When the ICO was completed, they planned to list it on Huobi, Coinbene, even Binance, but it was all a trap for investors to buy into the token.  after a while, they continued to play games and planned to list on the bithumb, then canceled again.  Now the price of the token is almost zero and all their plans have not been achieved even 1. You can check their whitepaper and see what they have done to thousands of investors who have trusted.
WPP is the only one but remember there was a lot of scam project like envion, baanx, tokenpay and many more. A bunch of scam projects already available in the CMC and they are still not yet getting erased by CMC. But none of them have already taken to the court by investors.

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January 21, 2020, 03:26:41 PM
 #102

Well, I barely being impressed with an  ICO project because unfortunately, the majority of them are scam ( like, 70% ) and in general their tokens are really trash and unprofitable that's why many investors are ignoring these kind of projects, It is  just wasting of time and money regretablly.

Also, these scammers never punished exclusively in real life ecpect banning them in the internet,  that's really disappointe, They always come back through making another small projects with another concept and fake team. We need to be careful from these scammers.
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