Untrustworthy and socially-inept people can still be good programmers, it isn't even necessarily that uncommon a combination. Anyway, what would crypto be without drama?
True, but this highlights just how incredibly risky, dangerous, if not downright reckless the ICO game is. A conventional tech startup looking for a measly $200k of seed funding gets carefully scrutinized during the vetting process, including an assessment of the maturity of the people in positions of influence. Launching such ventures is extremely demanding and difficult, requiring an extraordinary amount of discipline, composure, and dedication from everyone involved. Yes, even the programmers. Experience has shown over and over that the "brilliant idea" always takes a back seat to execution. Even when you think you've got it all lined up, the failure rate is staggering.
And all this vetting gets bypassed by an ICO.