They have to use use their ICO funds, but as they are sold people are buying. Cryptos are a long long way off being accepted on a large scale, let’s not kid ourselves. People seem to think cryptos are going to solve everything and be accepted by the end of the year. I am a huge believer in blockchain technology but also am a realist and see this taking years more to be accepted, regulation will come first. I agree that more has to be done to target the Ico model at present, but you can’t blame businesses from taking advantage of the process and easy money.