Anon

Orderly Network

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<p><strong>Key Points</strong>:</p>   
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 <li><em>IBX Presale Rug concerns have emerged after the team failed to refund participants as promised, following a $24M presale.</em></li>   
 <li><em>The ARTIC token price crashed from $50M to $6M market cap, fueling fears of an IBX Presale Rug.</em></li> 
</ul>   
<h5 class="wp-block-heading"><strong>IBX Presale Rug raises suspicion after collecting 160k SOL ($24M). No refunds were </strong>issued as promised, and the ARTIC token crashed<strong> from $50M to $6M market cap.</strong></h5>   
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 <a href="https://coincu.com/wp-content/uploads/2024/10/telegram-cloud-photo-size-5-6093769264390586011-y.jpg"><img src="https://coincu.com/wp-content/uploads/2024/10/telegram-cloud-photo-size-5-6093769264390586011-y-1024x576.jpg" alt="IBX Presale Rug Suspected After Raising 160K SOL in Pre-Sale" class="wp-image-287912"></a>
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<h2 class="wp-block-heading" id="strong-ibx-presale-rug-raises-concerns-over-mismanaged-funds-strong"><strong>IBX Presale Rug Raises Concerns Over Mismanaged Funds</strong></h2>   
<p>The presale of IBX ($ARTIC) has so far raised over 160,000 SOL ($24M), while participants have begun reporting missing refunds. Later, a crash from $50M to $6M market cap showed up. <a href="https://coincu.com/138638-orderly-network-receives-investment/" target="_blank" rel="noreferrer noopener">Orderly Network</a> was initially a part of it but has now pulled out and stopped further cooperation after community backlash over the mismanagement of the funds, according to <a href="https://x.com/AnonVee_/status/1847191327135445222" target="_blank" rel="noreferrer noopener">Anon Vee</a>.</p>   
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/271761-anubisdao-rug-pull-backs-3-years/" target="_blank" data-type="link" data-id="https://coincu.com/271761-anubisdao-rug-pull-backs-3-years/" rel="noreferrer noopener">AnubisDAO Rug Pull Backs After Nearly 3 Years With Suspicious Transactions</a></strong></p>   
<h2 class="wp-block-heading" id="strong-artic-token-faces-fallout-in-ibx-presale-rug-allegations-strong"><strong>ARTIC Token Faces Fallout in IBX Presale Rug Allegations</strong></h2>   
<p>However, IBX reportedly gave back only $9.7M SOL after the presale participants were expecting more than $21.8M in refunds. According to the users, no valid refunds were received, and this triggered rumors of a rug pull.</p>   
<p>The ARTIC token listing on MEXC and LBank was also criticized as the team was accused of manipulating the token's value which saw the market cap drop considerably in a few hours.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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IBX Presale Rug Suspected After Raising 160K SOL in Pre-Sale

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