They raised 80btc for just listing purpose and are they going for cryptopia only (which is relatively cheap exchange)
Kucoin would be way better and it wouldn't need the whole 80 btc.
I think that the expression "they raised 80 BTC" is not true. Since they did not receive any bitcoins, they received their own SIRX coins in the equivalent value of 80 btc. Correct me if I am wrong...
Why would they receive SirX when they still hold most of them? There was a fundraiser for exchange listings. They accepted BTC and ETH. In return for your "donations" you got SirX.