ICOs are uncontrolled that permits a simple thanks to scammers also . The investors who blindly trust those ICOs and invest the cash for quick gain, get fooled at the top when scammers flew away with the cash . Any ICO with the matter in examining the pitch features a sign of clear suspicion.
An exit scam may be a fraudulent operation organized by unethical cryptocurrency promoters who collected funds for an ICO and suddenly disappear without leaving any information to investors.