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Author Topic: Punishment for ICO scams!  (Read 2299 times)

Offline Bruks

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Re: Punishment for ICO scams!
« Reply #15 on: September 14, 2018, 02:37:15 PM »
i dont understand why not just sent them to the prison
There are not any documents to show. We have nothing to do with them because of the ghost ghost project. So it's better to explore or research before joining. For sure we have a good decision.
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Re: Punishment for ICO scams!
« Reply #15 on: September 14, 2018, 02:37:15 PM »

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Offline levyashin

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Re: Punishment for ICO scams!
« Reply #16 on: September 14, 2018, 02:37:27 PM »
They are going to prison if they get caught. But your money probably becoming dust so we must be more careful and never invest them in the first place.

Offline Master107

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Re: Punishment for ICO scams!
« Reply #17 on: September 14, 2018, 04:01:33 PM »
Those person who manage the scam project must be put into serious punishment such as banning their team if they massively abuse the communities innocents.

Offline rakesh1978

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Re: Punishment for ICO scams!
« Reply #18 on: September 14, 2018, 05:26:42 PM »
I agreed for hard punishment who scam in cryptocurrency and launching ICOs only for crowd funding and after that cheating investors emotions or fund and losses their hard money. I faced many ICOs and lost my principle amount to invest in them. I was too shocked that time.

Offline Arybes

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Re: Punishment for ICO scams!
« Reply #19 on: September 14, 2018, 05:31:13 PM »
The penalty for a scam is to allow a fair judge to ban the whole team. If there are victims of certain ICO fraud campaigns can testify here so everyone is warned and will not do anything about the campaign but ignore it.

Offline Bobcrypto

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Re: Punishment for ICO scams!
« Reply #20 on: September 14, 2018, 05:40:23 PM »
Yeah, but you can't send someone to prison without seeing him or her face to face. May be there could other solutions that may be better used to deal with scammers, unfortunately, it not by arrest because crypto is decentralized; nobody controls it.

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Offline Dodo

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Re: Punishment for ICO scams!
« Reply #21 on: September 14, 2018, 05:44:00 PM »
a lot of fraud has happened lately. Because it is decentralized, no one can impose laws or rules and because here on the internet scammers can hide their identities online.
I hope that there will be penalties for ICO fraud,
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Re: Punishment for ICO scams!
« Reply #21 on: September 14, 2018, 05:44:00 PM »


Offline Sapp

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Re: Punishment for ICO scams!
« Reply #22 on: September 14, 2018, 07:04:02 PM »
no one can impose laws or rules. because here on the internet scammers can hide their identity online.
I hope that there will be penalties for ICO fraud, many frauds have occurred lately. And much to the detriment of investors.

Offline ZionRTZ

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Re: Punishment for ICO scams!
« Reply #23 on: September 14, 2018, 07:13:23 PM »
I am not really familiar with the punishments as I understand every country has different laws. They would definitely charge with fraud and would be required to pay those they scammed plus jail time.

Offline ayatoslaw

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Re: Punishment for ICO scams!
« Reply #24 on: September 14, 2018, 07:25:20 PM »
I do not know the proper punishment, because until now I have not heard the news, the legal entity in the "x" country has arrested a collection of ICO project fraudsters, I have never heard of it, if ever, it means that a legal entity is starting to care about ICO fraud.

Offline DAMKAR

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Re: Punishment for ICO scams!
« Reply #25 on: September 15, 2018, 01:09:21 AM »
Hi, everybody. Faced with a lot of fraudulent projects that collected money and quietly left. What sanctions and penalties are applied to them? If you know something, tell us, many will be very interesting to hear)

Yes I agree. I think  Punishment for ICO scams is good thing. because too many ICOs are scams.

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Re: Punishment for ICO scams!
« Reply #26 on: September 15, 2018, 01:32:10 AM »
~snip~
Yes I agree. I think  Punishment for ICO scams is good thing. because too many ICOs are scams.

We know it, it should be a must to give them a punishment. But the question is what punishment exactly. You don't answer it yet, bro.
For me, basically the punishments are (1) pay compensation and (2) jail. Still, we have another question "how to catch them?". Crypto global system should have a security sector and legal assistance sector. Those sectors will cooperate to the police. However, I still don't know who are authorized for this matter since crypto world is decentralized. This is what we must think about.     
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Re: Punishment for ICO scams!
« Reply #27 on: September 15, 2018, 01:57:16 AM »
I totally agree  for the punishment for ICO Scam, since i join to this forum  and joining bounty campaign this is what i'm always asking to my self, if what is the punishment for ICO scam.

So am I mate, I agree with you. I agree for the punishment to ICO scams. It is good thing.

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Offline Redhead5

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Re: Punishment for ICO scams!
« Reply #28 on: September 15, 2018, 04:01:56 AM »
Hi, everybody. Faced with a lot of fraudulent projects that collected money and quietly left. What sanctions and penalties are applied to them? If you know something, tell us, many will be very interesting to hear)

Yes I agree. I think  Punishment for ICO scams is good thing. because too many ICOs are scams.


I think the good punishment for ICO scams is to ban the team who are working and introduced the project. So that all their identities will get blocked by this forum and at less scammers will be lessen.
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Offline TERENCIO

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    10 Posts First Post Sixth year Anniversary
Re: Punishment for ICO scams!
« Reply #29 on: September 15, 2018, 06:21:31 AM »
Because of this fraudulent  project we give the reason the regulations to step in and makes crypto under the care of government.
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