When a person is attacked in visitor mode while in a multiplayer game and is killed, their items will disappear in the inventory leaving nothing for the player to collect. With the exception of the armor on the player that was being worn. we found this while we were messing around with PvP in survival causing us to lose shulkers and various valuables.
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Thank you for your report!
We're actually already tracking this issue at MCPE-47563, so I will resolve and link this ticket as a duplicate.
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Wow, a very scary bug to say the least. So you said that if there is no armor being worn by the other player, and the other player dies, they lose all of their stuff?