I trust that Dan and Ned have good intentions, and are doing what they feel is best with the money.
If that's true (and I also believe or at least really, really want to believe it is), I'd hope they could be open and honest about their reasons.
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For some reason they are largely choosing to remain silent about a lot of things. While I agree this has really bad implications for both the community and potential investors, I again go back to trusting that they know what they are doing.
It's 100% pure speculation, but it could be to protect themselves from any potential risk of misleading investors. Dan has publicly said before that he did not provide information about what they were planning/doing (in a different context) for that very reason.
Interesting. I wonder if there are legal ramifications we haven't considered.