Did you say it's listed on coinexchange? I think no need to explain it further, mostly of the token that gets listed on coinex were scam.
And I was try to look at their Facebook page but it seems it doesn't existed anymore, now I'm wondering how OP became a bag holder witj that kind of coin.
At that point of time exchange coins were increasingly high in value like BNB and Kucoin Shares. Sugar exchange was a microcap coin and it pitched itself as a very good exchange in the future, it was also in a relatively unknown exchange coinex. I made 10x from buying these kinds of coins in low vol exchanges before (Dragonchain from etherdelta to be specific, it was 45c and then blew up to $5 in about a month)