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
Be it IEO, ICO or any other medium through which investment in a project can be made, one should not always judge a book by its cover. A proper, thorough and indepth research must be conducted before making any committment into a project.