Most of the ICOs don't provide their actual details and everybody knows this. Because they always want to be in a safe side if their business don't work out well as planned.
But you are wrong, that is the main reason of why they need to have legal advisors and lawyers inside their team, most of those most succesfull projects that we have seen are using this method; having two or more lawyers or legal advisors.
And i am not just talking about it, but most ico's are thinking that only if they apply the kyc and aml verifications on their project, it means that they are going to be fully secury and supported by the law.
And that is false