🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
Decentralized Finance analyst: Orderly Network ecological project IBXtrade suspected rug
Decentralized Finance analyst Anon Vee from X stated in a post on Odaily Planet Daily that multiple users reported that the ecology project IBXtrade of Orderly Network is suspected to be a rug. It is reported that IBXtrade launched its presale three days ago, planning to raise 2000 SOL (about $3.2 million) and refunding the unsold participants. The presale eventually raised over 160,000 SOL (24 million dollars), and participants originally expected to receive a refund of $21.8 million. However, the IBXtrade team created a survey on a website completely controlled by themselves, asking whether to increase the presale quota limit. The survey was finally approved, and IBXtrade claimed to have refunded 65,000 SOL ($9.7 million) to presale participants, but in fact, the team only sent these SOLs to multiple addresses they created, and users reported that they did not receive a refund.