Team already clarified this in Veil telegram, there was Veil named coin couple year ago which exit scammed but this veil has nothing to do with it and also they can rebrand if necessary.
Personally, I support the idea to rebrand the VEIL project, especially if the team chose the name when they did not notice that there was a scam VEIL project in the past.
It is always better to stay away from anything relates to scam projects, even names, so rebranding should be made by the team sooner or later.
One of issues might occur is after rebranding the team might spend additional fund to exchanges because I doubt that they will give free supports.