Since the emergence of ieos and its success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price
Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project
First of all beware of IEO on Idax. Please don't invest in any IEO on Idax exchange. Many projects has been scammed by Idax already.
Secondly, don't just participate in any IEO you see an exchange. Please check out he trends of previous IEO's hosted on that exchange before investing your money. You might find out some important information by the just conducting a research on past projects that conducted IEO on the exchange.
I do not know if it has a exchange scam but has a low vol and most of the fake volumes from bots. I do not invest in any IEO on it, there are many other options from larger exchange