DeFi analyst: Orderly Network eco-project IBXtrade suspected rug

On October 18, DeFi analyst Anon Vee posted on X that several users have reported that Orderly Network ecosystem project IBXtrade is suspected to be rugged. 
IBXtrade reportedly launched a pre-sale three days ago with a plan to raise 2,000 SOLs (~$3.2 million) and refund pre-sale participants who weren't selected, and the pre-sale ended up being oversubscribed to more than 160,000 SOLs ($24 million), and participants were expecting $21.8 million in refunds from the program, but the IBXtrade team created a poll on a fully-controlled website asking whether to increase the cap on the amount of the pre-sale, and the IBXtrade team has been asking for more money for the project. However, the IBXtrade team created a poll on a completely controlled website asking whether to increase the pre-sale limit.
The poll eventually passed, and IBXtrade claimed to have refunded 65,000 SOLs ($9.7 million) to pre-sale participants, but in reality the team simply sent the SOLs to multiple addresses they created, and user feedback did not result in refunds.