Good thing that i didnt participate in this exchange for trading, but i was shocked when i read the news of an IEO project because i also participated their airdrops, this is the saddest thing of an IEO project done in exchanges, we could not forecast of when the exchanges may go to scam, or else our money will be gone too, maybe ICO has an advantage over IEO.
The first failed chain of IEO hype came to the end point, IDAX started it. I am not shocked due to the lack of research should be done by project developers before accepting such shady request by unpopular exchange.