Polycule trading bot halts withdrawals, sparking rug pull fears

Polycule, a trading bot service based on Polymarket, has halted withdrawals without notice, raising suspicions of a rug pull, according to Mr.RC, founder of insiders.bot, a social trading platform for prediction markets. The Polycule team had previously announced on Jan. 8 that a hacking attack had affected $230,000 in user funds. At the time, the team stated it would suspend service operations and complete a security check by the weekend. However, community members report that users are still unable to withdraw their funds, and the Polycule team has not provided any further updates on the situation.