> Is it legal for effectively crowdfunded projects to then fund other projects? This makes me wonder, people (presumably) bought into an ICO to fund a specific

> Is it legal for effectively crowdfunded projects to then fund other projects? This makes me wonder, people (presumably) bought into an ICO to fund a specific goal and not to enable a new age of venture capitalists. Though this could be another classic sign that we are witnessing a bubble in its pre-bust stage -- would seem to fit with the "spike the punch bowl" phase but with replacing central banks with core cryptcurrency advocates methinks.