You're right! Today I read about it on the twitter of this Coinsbit exchange:
https://twitter.com/c0insbitHere is the literal text of this news:
Delisting KNL!
Dear users, KNL project will be delisted from the Coinsbit. All funds that were allocated during the IEO will be sent back to users
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Please wait for your funds during 15 business days on the Exchange balance.
All the same, they could not collect anything at IEO. At first I thought to take part in this "KNL" IEO, but then changed my mind. I got lucky. Although the Coinsbit exchange promises to return money to all participants.
I wonder how it will actually be, personally i see the IEO trend, it constantly works, everything is gradually changing
Now on the market there are almost no such projects that conduct ICO, its not even a trend