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
For medium scale exchanges like IDAX, I too have heard that they are manipulating the end result of the IEO. That's the reason I started to participate in only IEOs from 3 exchanges.