IEO investors face up to potential near total losses, with most crypto tokens hemorrhaging value versus launch price
Source: https://cointelegraph.com/news/bitmex-crypto-ieo-poor-performance-sees-investors-lose-up-to-98
BitMEX: Crypto IEO ‘Poor Performance’ Sees Investors Lose up to 98%
December 23, 2019
CoinTelegraph