Polycule Trading Bot Faces Suspected Rug Pull, Users Report Ongoing Fund Withdrawal Crisis

TheMemefather · 2026-01-21T10:56:12+00:00

Polycule, a trading bot on Polymarket, is facing a potential rug pull after a security breach compromised $230,000 in user funds. Fund holders are unable to access their assets, and the development team has failed to provide timely resolutions or updates, leading to eroded trust within the community.

TheMemefather

2026-01-21 10:56:12

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According to PANews and community observations, Polycule—a trading bot built on Polymarket—has become embroiled in what many consider a classic rug pull scenario. Fund holders remain locked out of their assets weeks after the initial incident, with zero resolution in sight.

The Security Breach That Started It All

In mid-January, the Polycule development team announced a significant setback: an unauthorized access incident had compromised approximately $230,000 worth of user funds. The bot went offline immediately, prompting the team to pledge that security patches and comprehensive audits would be completed by the weekend. However, that timeline has come and gone without substantial progress or transparency.

$230,000 in Limbo as Official Promises Go Unfulfilled

What initially appeared to be a temporary technical issue now bears the hallmarks of a potential rug pull. Affected users continue to face complete withdrawal restrictions, unable to access or retrieve their deposited capital. The silence following the initial announcement suggests a troubling disconnect between the team’s original assurances and the current reality on the ground.

What Happens Next?

The Polycule community is left in limbo—watching and waiting for any meaningful updates or concrete action from the development team. Whether this situation resolves as a genuine security incident with eventual fund recovery or confirms suspected rug pull dynamics remains unclear. What is certain: the extended radio silence has eroded trust and left users questioning whether their funds will ever be recovered.

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