IBX (ARTIC), a newly launched crypto project, has come under intense scrutiny following claims that it defrauded investors of millions after a presale event. IBX’s October 15 presale event garnered massive support, raising $24 million in SOL instead of the initial $3.2 million target. Before the presale, the project had promised to refund any SOL that exceeded its fundraising goals, noting that it would only give tokens to a small circle of selected participants.
