This problem already happened with coineal too. Both are crap exchange sites. It looks the problem has begun from the bitmax team that has already broken the agreement with the deep team.
As far as I know, bitmax must have already refused to transfer some portions of money that already raised from IEO to the DEEP team, but bitmax is not want to send the money to the team's side.
This problem happened with so many icos that runs on bitmax and coineal.
These IEO are being scammed by exchange site because they must have paid the listing fees and then after they have done with the crowdsale and raised enough money and exchange sites are robbing their money.
Shitty exchange site like bitmax and coineal must never exist again.
OMG! Coineal also? Is this officially happen or just you?
Many projects organize IEO to raise money. However, I think they do not understand the importance of the exchange they use in doing so for the sake of their investors. Many projects and investors are having a hard time because of Bitmax. I've never traded with Coineal, but I didn't know that. What I learned was so good!
You can read more about that
https://finance.yahoo.com/news/crypto-exchange-coineal-absconds-cybr-125010621.html
This is just a single case from coineal but a lot of teams have already complained so many times to the coineal.
I will never try to participate in IEO that created by manipulated exchange site.
It's already happened with some projects.
It looks like the rest are still not yet reporting the result of IEO in coineal to the public.
https://finance.yahoo.com/news/ieo-investors-lose-millions-funding-142110114.html