and abandon the project later because you realize it is too difficult for you to complete, is that fraud? it seems more like a business failing than fraud to me.
If you do an ico
Ayden Rodriguez
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Thomas Edwards
Don’t know but I do wonder how all these scams are going to finish. Do they just keep postponing milestones indefinitely? Is there a time when they officially announce that they quit?
Adam Taylor
if you didn’t call yourself a blockchain expert or lie about your credentials/ experience and people still stupid enough to send you money investing in someone with no blockchain history then they deserve to lose it all it’s the risk you take
Aaron Reed
like pic related?
Anthony Rivera
Fuck off, Jow Forums.
Owen Bailey
Companies go bust all the time. They just announce they've run out of funds (whether true or not) and what can you really do?
Sebastian Roberts
You don't abandon the project, you keep infinitely delaying all major updates by a couple of years at a time until your investors capitulate. Make sure to build a legion of bagholder fanatics so they can harass anyone who calls you a fraud.
Carter Davis
this is what most seem to do i guess. but have there been any ico's that officially quit and it was all legal and above board and they walked away with the money without delivering?
Grayson Scott
these people are going to jail, it’s starting to happen and will increase greatly blockonomi.com
you will either be jailed, fined or spend your life waiting for this to happen.
Landon Harris
Unless you're a pajeet
Logan Sanchez
there was a post on reddit about filecoin devs completely abandoning development. surprising too, since filecoin was one of those that went through sec regulations and only sold to accredited investors.
i’m honestly lookimg forward to the day when request announces bankruptcy due to spending too much on mozzarella
Isaac Torres
Easy way to spot a commie cuck like yourself
Brody Morris
trust idiots and get treated like one
Robert Parker
kys
good. hopefully the paragon roastie is the next jailed
Wyatt Ramirez
invest in a French coin you deserve what you get. I know because Ive been holding Ark for a year
Dominic Collins
This is why I always say, ICO are scams where most scammers don't know they're scammers.
Joshua Adams
kek. I hope they bring all these fuckers like pic related down.
Jason Morris
aaaaaaaannnnnnnnnnddddddddd
that's why there are securities laws
Nathaniel Foster
no because every ICO make you agree you won't sue them before you buy it
Xavier Sanders
this, except eventually gain so much cultist community support and funds that it basically develops itself
Ian Rodriguez
Exactly.
Xavier Price
does this work though?
Henry Rogers
We at denial lads not long to go now, stupid new people starting to use logic and crack.
Joshua Taylor
explain.
that's a good point. so do an ico, build a cult and then hand it over to a community member and go retire
Asher Young
i know some guys are planning to take the TEL team to court to sue them for just this reason.
Jacob Davis
>Companies go bust all the time. They just announce they've run out of funds (whether true or not) and what can you really do?
raising money for a venture via promises to investors is not the same as just running a company.
Landon Ortiz
wait is tel finished?
Grayson Taylor
>i know some guys are planning to take the TEL team to court to sue them for just this reason.
Are you memeing? I have 1.9 million TEL I haven't checked for months.
John Kelly
What?
Jackson Lopez
uhhhh it's not starting to happen. Josh Garza is like the martha stewart of the first mainstream crypto bull market, whereas mark karpeles is like the bernie madoff. nobody else got in trouble despite that wave being more questionable in many aspects than a lot of the activity in the "second mainstream bull run" that happened in 2017
Luke Lee
Andrew Parker
This is right, people make mistakes all the time. We need to learn to forgive women and minorities who have made missteps in the crypto industry as they are good people with at least basic feminist and inclusivity morals. This is not a matter of politics or law, it's just basic common sense.