I'm always torn in these debates.

I'm all for shutting down assholes tricking people, but at what point does it begin/end?

Short incomplete list off the top of my head of organisations tricking people out of money with scams:

* Most (if not all?) nootropics

* Prosperity gospel

* Nutritional cereal

* Other low fat/diet food stuffs

* Fashion

* Art

* Diamond industry

* etc etc

Yeah well there's also shitty companies which are publicly traded, I'm supposed to make my own choice here aren't I? Isn't that the point of investing?

So current situation is like using Google and Facebook ads (literally) to raise money. Exchanges on which these ICOs are traded are not regulated. So volume can be fake and likely is. Furthermore money could be coming from anywhere. It could be money laundering simply. So it's not as simple as government is stopping me from burning my money