TechFlow news, October 18 — In response to allegations of a "suspected rug pull," IBXtrade replied on X: "We understand the current community frustration and are doing our best to address it. We will make every effort to resolve the issue and will share next steps as soon as possible. Orderly is not involved in the token issuance; this token launch was entirely executed by the IBX and Artic teams."
Previously, DeFi analyst Anon Vee posted on X stating that multiple users reported suspicions of a rug pull involving IBXtrade, an ecosystem project of Orderly Network. Orderly Network responded to the incident, clarifying: "We did not support IBXtrade or its token—any claims suggesting otherwise are false. Orderly is investigating the situation and will take necessary actions to support the community. In the meantime, we are cutting off any future collaboration with IBXtrade."
