It became known that Bittrex decided to cancel the first IEO. Tokenail denied RAID project. According to the official version, the Bitcoin exchange did not perceive the cooperation between RAID and OP.GG, considering that this could adversely affect cryptoinvestors. However, there is another possible reason.
As it turned out, ONERAID PTE. LTD is not included in the state register of ACRA. In addition, several companies in the title have the prefix "Raid" (for the sale of accessories, alcohol, clothing). A number of firms have been registered for a long time and now do not show any activity. Information on OP.GG cannot be found in a search engine, just as on social networks FB and LinkedIn. It is alarming, as well as the fact that company founder Chen Woo Park also does not have an account in any of the social networks. It is possible that the results of the investigation and persuaded Bittrex to cancel the tokensale.
The fact that the integrity of the crypto project is questionable, says a hasty decision to replace the name of the coin from XRD to RAID.