> The intent of the initial founder also allegedly was to defraud "investors". > > Explain how "intent" is logically derived.

If someone advertises a cryptocurrency to bring you money as an "investment" but has the intent to take your money and not produce more value with it.

A project may aim to achieve a goal but fail to do it for various reasons. There a legitimate, e.g., technical challenges, and illegitimate reasons, e.g., misuse of funds.

The same way that, e.g., a publicly traded company can legitimately go bankrupt, without defrauding/ scamming customers.

The distinction of legitimacy/ intent was meant in reference to the legal usage. One can argue about these being logical.