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DeFi analyst: Orderly Network ecological project IBXtrade is suspected to be rugged

2024-10-18 09:12
Odaily News DeFi analyst Anon Vee wrote on X that many users reported that the Orderly Network ecological project IBXtrade was suspected of being a rug. It is reported that IBXtrade launched a pre-sale three days ago, planning to raise 2,000 SOL (about 3.2 million US dollars) and refund the unselected pre-sale participants. The pre-sale eventually over-raised more than 160,000 SOL (24 million US dollars). Participants originally expected the project to refund 21.8 million US dollars, but the IBXtrade team created a poll on a website completely controlled by themselves, asking whether to increase the pre-sale limit. The survey was eventually passed, and IBXtrade claimed to have returned 65,000 SOL (9.7 million US dollars) to pre-sale participants, but in fact the team only sent these SOL to multiple addresses they created, and users reported that they did not receive a refund.